Overview of Supply Chain
I. Supply Chain
Supply chain is the efficient movement of materials and products from the point of material sourcing to the delivery of goods to the ultimate user or consumer.
A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in receiving and filling a customer request. These functions include, but are not limited to, new product development, marketing, operations, distribution, finance and customer service.
A typical supply chain may involve a variety of stages. These supply chain stages include: * Customers * Retailers * Wholesalers/Distributors * Manufacturers * Component/Raw Material Suppliers
II. Logistics and Logistic Operations
Logistics is the planning, execution, and control of the movement / placement of goods and / or people, and the related supporting activities, all within a system designed to achieve specific objectives.
Logistics Operations refers to the management of the physical network of product and materials movement, its storage, and information systems. It covers the areas of inbound and outbound movement of finished goods and materials, co-packing operations, warehousing, and transportation and delivery.
A. Warehousing
This provides storage facilities for finished goods and materials ensuring balanced flow of goods and materials needed to keep the business running. Items are stored until these are needed or can be disposed of. The warehousing function includes receiving of items, storage, picking, issuance and disposition. The objective of the warehouse manager is to minimize cost of operations while providing high customer service level. Material preservation and security are also major concerns of the
Supply chain is the efficient movement of materials and products from the point of material sourcing to the delivery of goods to the ultimate user or consumer.
A supply chain consists of all parties involved, directly or indirectly, in fulfilling a customer request. The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in receiving and filling a customer request. These functions include, but are not limited to, new product development, marketing, operations, distribution, finance and customer service.
A typical supply chain may involve a variety of stages. These supply chain stages include: * Customers * Retailers * Wholesalers/Distributors * Manufacturers * Component/Raw Material Suppliers
II. Logistics and Logistic Operations
Logistics is the planning, execution, and control of the movement / placement of goods and / or people, and the related supporting activities, all within a system designed to achieve specific objectives.
Logistics Operations refers to the management of the physical network of product and materials movement, its storage, and information systems. It covers the areas of inbound and outbound movement of finished goods and materials, co-packing operations, warehousing, and transportation and delivery.
A. Warehousing
This provides storage facilities for finished goods and materials ensuring balanced flow of goods and materials needed to keep the business running. Items are stored until these are needed or can be disposed of. The warehousing function includes receiving of items, storage, picking, issuance and disposition. The objective of the warehouse manager is to minimize cost of operations while providing high customer service level. Material preservation and security are also major concerns of the