MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
16th Edition
ISBN: 9780135205518
Author: LAUDON
Publisher: PEARSON
Question
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Chapter 9, Problem 5DQ
Program Plan Intro

Supply chain approach:

  • It is an activity that manages the movement of raw materials like services, cash into the organization via factories or warehouses to the end consumers.
  • It also includes organizations that create and deliver products, data and services.
  • It creates trust among their partners.

Supply chain management (SCM):

  • Supply Chain Management is defined as the process of designing, planning, implementing and combining of all supply chain process.
  • Supply chain management might help the customers, partners, distributors, and suppliers have an organized system by which they could communicate with each other and can access the necessary data.

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