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What is Supply Chain Management (SCM)
1.
The process of strategically managing flows of goods, services and knowledge, along with relationships within and among organizations, to realize greater economic value.
Learn more in: An Account of B2B E-Commerce Perseverance and Success
2.
Network of facilities and distribution options that performs product development activities to transform these into intermediate and finished products and distribute them to customers.
Learn more in: A Telecommunications Approach in Systems for Effective Logistics and Supply Chains
3.
Software systems for procurement of materials, transformation of the materials into products, and distribution of products to customers, allowing the enterprise to anticipate demand and deliver the right product to the right place at the right time at the lowest possible cost to satisfy its customers.
Learn more in: The Impact of Enterprise Systems on Business Value
4.
The process of strategically managing flows of goods, services and knowledge, along with relationships within and among organizations, to realize greater economic value.
Learn more in: A Chronicle of an Unsuccessful E-Commerce Pioneer
5.
SCM
tries to improve the flow of materials, information, and financial resources within the company and among collaborating companies by sharing information, by concerted planning and scheduling, by coordinated execution, and by concerted monitoring and controlling to raise the competitiveness of the entire
supply chain
.
Learn more in: E-Scheduling
6.
An integrated approach to planning, implementing and controlling the flow of information, materials and services from raw material and component suppliers through the manufacturing of the finished product for ultimate distribution to the end customer. It includes the systematic integration of processes for demand planning, customer relationship collaboration, order fulfillment/delivery, product/service launch, manufacturing/operations planning and control, supplier relationship collaboration, life cycle support, and reverse logistics and their associated risks.
Learn more in: Big Data and Data Modelling for Manufacturing Information Systems
7.
Although in general terms it involves the
management
of goods, normally it includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin/manufacturing to end customers. It is very important as it involves the provision of products and services. It might involve a complex competitive infrastructure, complex logistics and the synchronization of the demand and
supply
. It involves the integration of different organizational areas as operations, logistics, procurement and strategy.
Learn more in: Strategic Challenges of the Portuguese Automotive Industry: In Search of an Iberian Sourcing Strategy
8.
An integrated function which encompasses the planning and
management
of all activities involved in sourcing and procurement, conversion, and all logistics
management
activities.
Learn more in: Risk and Risk Aversion in Supply Chain Management
9.
The process of strategically managing flows of goods, services and knowledge, along with relationships within and among organizations, to realize greater economic value.
Learn more in: ARIBA: A Successful Story in E-Commerce
10.
Although in general terms it involves the
management
of goods, normally it includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin/manufacturing to end customers. It is very important as it involves the provision of products and services. It might involve a complex competitive infrastructure, complex logistics and the synchronization of the demand and
supply
. It involves the integration of different organizational areas as operations, logistics, procurement and strategy.
Learn more in: Supply Chain Management: Identifying Innovative Suppliers
11.
The process of strategically managing flows of goods, services and knowledge, along with relationships within and among organizations, to realize greater economic value.
Learn more in: From Business-to-Business Software Startup to SAP's Acquisition
12.
The
management
of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a
supply chain
.
SCM
can help to design, planning, execution, control, and monitoring of
supply chain
activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing
supply
with demand and measuring performance globally.
Learn more in: Exploring Business Process Innovation towards Intelligent Supply Chains
13.
Supply chain management
is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer.
Learn more in: Directed Basic Research in Enterprise Resource Planning (ERP)
14.
Alignment of organization that bring products to the market, demanding the establishment of a network of organizations involved, through linkages, in processes and activities that produce value to the consumer.
Learn more in: Destination Management Systems Implementation
15.
Management
of the flow of goods, data, and finances related to a product or service, from the manufacturer or service provider to the final destination.
Learn more in: COVID-19 Pandemic: Impacts on Supply Chain Sustainability
16.
The process of strategically managing flows of goods, services and knowledge, along with relationships within and among organizations, to realize greater economic value.
Learn more in: From Business-to-Business Software Startup to SAP's Acquisition
17.
The planning, organisation, coordination, and control of all
supply chain
activities through the cooperation of all organisations in the
supply chain
, with the ultimate goal of maximising the competitive advantage of the
supply chain
.
Learn more in: Facilitation of Supply Chain Decision Processes in SMEs, Using Information Systems
18.
A
management
system that coordinates, integrates and controls the move of materials, information, and finances from supplier to manufacturer to wholesaler to retailer to consumer, in order to reduce inventory and increase the efficiency of the
supply
process.
Learn more in: Restructuring the Marketing Information System for eCRM: An Application of the Eriksson-Penker Method
19.
The
management
of the flow of products through procurement, manufacturing, distribution, sales, and disposal.
Learn more in: Factors Inhibiting Green Supply Chain Management Initiatives in a South African Pharmaceutical Supply Chain
20.
Defined as managing flow of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
Learn more in: Notions of Maritime Green Supply Chain Management
21.
It is the planning and
management
of all activities involved in sourcing, procurement, conversion, and logistics
management
activities. It also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers.
Learn more in: The Expansion of E-Marketplace to M-Marketplace by Integrating Mobility and Auctions in a Location-Sensitive Environment: Application in Procurement of Logistics Services
22.
These software packages exchange information with
supply chain
partners to order and track the procurement of goods and services.
SCM
can be viewed in four basic categories (Davenport & Brooks, 2004):
supply
planning tools, demand planning tools, plant scheduling tools, and logistics systems. A newer functionality in
SCM
is collaborative planning, forecasting, and replenishment (CPFR). In CPFR, “
supply chain
partners exchange not only orders and shipment notices, but sales plans and production forecasts with each other, so that they can synchronize their respective processes more fully (p. 12).”
Learn more in: Implementing Best of Breed ERP Systems
23.
The strategic, tactical, and operational coordination of all the activities of the
supply chain
, aiming to improve the long-term performance of the individual units and the
supply chain
as a whole.
Learn more in: Supply Chain Integration in Construction Industry
24.
Is the broad range of activities required to plan, control and execute a product flow from its origin until its distribution to the final customer.
Learn more in: New Era in the Supply Chain Management With Blockchain: A Survey
25.
It involves coordinating and integrating the network of retailers, wholesalers, distributors, transporters, storage facilities, and suppliers that involve in the sale, delivery and production of a particular product or service, both within and among different organizations. It covers all movement and storage of raw materials, work-in-process inventory, and finished goods within and across different organizations.
Learn more in: Key Adoption Challenges and Issues of B2B E-Commerce in the Healthcare Sector
26.
Software systems for procurement of materials, transformation of the materials into products, and distribution of products to customers, allowing the enterprise to anticipate demand and deliver the right product to the right place at the right time at the lowest possible cost to satisfy its customers.
Learn more in: Enterprise Systems in Small and Medium-Sized Enterprises
27.
The
management
process involving the planning, implementing and controlling of a portfolio of assets (human, equipment, components, etc.) and relationships (customers, suppliers, staff, etc.) to transform a customer’s product from raw material to finished product as efficiently and effectively as possible.
Learn more in: Architectural Model for Supply Chain Orchestration and Management
28.
The planning, scheduling and control of the
supply chain
.
Learn more in: The Right Path to SCM-CRM Integration
29.
SCM
is the integration of business processes from the end user to the original (primary) suppliers that provide products, services and information that add value to customers and stakeholders.
Learn more in: Knowledge Management in Agro-Industrial Productive Chains: An Initial Discussion
30.
Set of managerial philosophies and processes which effectively align firms through the establishment of linkages between organizations aiming at bringing products and services to the market capable of producing added value to the consumer.
Learn more in: The Evolving Value of eTourism for Suppliers and Visitors
31.
These software packages exchange information with
supply chain
partners to order and track the procurement of goods and services.
SCM
can be viewed in four basic categories ( Davenport & Brooks, 2004 ):
supply
planning tools, demand planning tools, plant scheduling tools, and logistics systems. A newer functionality in
SCM
is collaborative planning, forecasting, and replenishment (CPFR). In CPFR, “
supply chain
partners exchange not only orders and shipment notices, but sales plans and production forecasts with each other, so that they can synchronize their respective processes more fully.”
Learn more in: ERP and the Best-of-Breed Alternative
32.
The
management
of the flow of goods, services, financials and information across the interconnected business network of companies.
Learn more in: Blockchain for Supply Chain Management: Opportunities, Technologies, and Applications
33.
Defined as managing flow of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
Learn more in: Notions of Maritime Green Supply Chain Management
34.
The design, planning, execution, control, and monitoring of
supply chain
activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing
supply
with demand, and measuring performance globally.
Learn more in: Advance Information Sharing in Supply Chains
35.
A
management
philosophy focusing on planning and managing effectively and efficiently in collaboration with suppliers and customers all the activities involved in the sourcing, procurement and conversion of materials to final products.
Learn more in: Challenges and Perspectives of Supply Chain Management in Emerging Markets: A Case Study Approach
Find more terms and definitions using our
Dictionary Search
.
Supply Chain Management (SCM)
appears in:
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