A supply chain is a complex system made up of people, processes, and technologies that are engineered and managed to deliver value to a customer. Supply chain management and all of the other jobs that are discussed in this course, are critical for engineering and managing that chain. Inside of a company, the three functions that are most closely directly responsible for the supply chain are logistics, operations, and procurement. But increasingly other groups are getting pulled in, including project management, information technology, and human resources. Because all of them are essential for delivering value to customers.
- There are lots of different definitions … for supply chains, but here is mine. … A supply chain is a complex system … made up of people, processes, and technologies … that's engineered and managed to deliver value … to a customer. … Supply chains connect the functions in a company … and they connect companies to their suppliers and customers. … There are folks like Cranfield University professor … Martin Christopher who argue that competition these days … doesn't really occur between companies. … Instead it's one supply chain competing against another. … You might hear terms like value chain, … demand chain, or supply network, … but these days most of us just call it the supply chain. … One of the easiest ways to explain it … is to break up a supply chain into processes. … For example the score model is a process framework … from the Association for Supply Chain Management. … It breaks all of the activities … that occur in a company's supply chain … into six main processes, … plan, source, make, deliver, return and enable. …
Released
4/8/2019- Explain the best approach for transitioning into a supply chain position.
- Determine the types of supply chain jobs that are the best fit for a given set of skills.
- Interpret the knowledge and skills needed for a supply chain job.
- Describe how to use resources for building a career roadmap in supply chain management.
- Identify concepts in building a professional development dashboard.
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Video: Supply chain management basics