From the course: Supply Chain and Operations Management Tips

Unlock this course with a free trial

Join today to access over 22,600 courses taught by industry experts.

Focus on supply chain management

Focus on supply chain management

From the course: Supply Chain and Operations Management Tips

Start my 1-month free trial Buy for my team

Focus on supply chain management

“

- What do an iron mine in Sweden, a cargo ship registered in Panama, and your local car dealer all have in common? They're all critical parts of your personal supply chain. Your car contains 30,000 parts. Each of them came from raw materials that were processed, made into components, and transported around the world before they were assembled into a car and delivered to you. Every component had to be there when the car was assembled, so every company had to do its part in order for that supply chain to work properly. Your company is part of a supply chain, too. Actually, it's probably part of several supply chains. You see, each of your customers has their own supply chain, and you play an important role in making all of them work. If you don't deliver your products or services on time, at the right quality level, and for the right price, then your customers have a supply chain problem. There are lots of different definitions for supply chain managaement, but here's the one that I…

Contents