Theories of Supply Chain Management
Topics: Supply chain management, Management / Pages: 15 (3933 words) / Published: May 14th, 2015

Theories of supply chain management
Essay by Pancu Dana

“Supply Chain Management is the integration of key businesses processes from end user through original suppliers that provides products, services and information that add value for customers and other stakeholders.” ( Lambert-Cooper 2000, 66 )

A general definition of the supply chain management (SCM) includes all suppliers, production capabilities, distribution centers , warehouses, customers, raw materials, stock with semi-finished products and stock with finished products and also all the resources and information involved in customer satisfaction .Some synonymous terms are logistics network or supply network. Another concrete definition, says that the chain supply is an economic process (business process) that connects suppliers, manufacturers, warehouses, logistics, distributors and end customers, having a collection of integrated skills and resources aimed in delivery of services and products to customers. It includes all activities and information which are flowing in both directions and is associated with the transformations through which the raw material reacheas the finished product.

The main functions of an SCM application:

Assuming the concept of an author (Fotache, 2004), we can define at least the following
SCM functions:

• planning – the strategic zone of the Supply chain management, where is defined the resource management strategy necessary for a particular business;

• management of suppliers - develops a set of processes of market research suppliers, choice of suppliers, procurement and payment of goods, monitoring relationships with them. It could also add the following logic processes such as inventory management and / or service providers, payments authorization etc.

• manufacturing / production - scheduling, launching and implementing production of goods, if the company carries out production activity;

• delivery or logistics - coordinates receipt orders from



References: Stephen Pryke 's Book on "Social Network Analysis in Construction" Comparison between theories: Adapted from Skjoett-Larsen (1999, p. 46) and Madhok (2002, p. 540) http://en.wikipedia.org/wiki/Theory_of_constraints http://public.wsu.edu/~engrmgmt/holt/em530/supchain.htm http://inga-theoryofconstraints.blogspot.ro/ http://en.wikipedia.org/wiki/Customer_relationship_management http://smallbusiness.chron.com/supply-chain-management-vs-customer-relationship-management-10231.html http://economics.about.com/od/economicsglossary/g/principalag.htm http://www.e-ir.info/2011/04/28/strategic-theory-what-it-is%E2%80%A6and-just-as-importantly-what-it-isn%E2%80%99t/

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