Our top 10 book list on Supply Chain Management — ArgusiIn commerce , supply chain management SCM , the management of the flow of goods and services,  involves the movement and storage of raw materials , of work-in-process inventory , and of finished goods from point of origin to point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. Although it has the same goals as supply chain engineering , supply chain management is focused on a more traditional management and business based approach, whereas supply chain engineering is focused on a mathematical model based one. An example of these conflicts is the interrelation between the sale department desiring to have higher inventory levels to fulfill demands and the warehouse for which lower inventories are desired to reduce holding costs. In , Keith Oliver , a consultant at Booz Allen Hamilton introduced the term "supply chain management" to the public domain in an interview for the Financial Times. In the mids, more than a decade later, the term "supply chain management" gained currency when a flurry of articles and books came out on the subject. Supply chains were originally defined as encompassing all activities associated with the flow and transformation of goods from raw materials through to the end user, as well as the associated information flows.
Best Books on Supply Chain Management
Contract manufacturers had to manage bills of material with different part-numbering schemes from multiple OEMs and support customer requests for work-in-process visibility and vendor-managed inventory VMI. Additionally, quality chwin supply chain management need to be integrated and incorporated into managers decision-making as Supply Chain Quality Management. Therefore, strategic planning has a direct impact upon human resource and customer focus. Lambert and Cooper identified the following components:.
Regular, quality management practices chin methods to develop solutions, and supplier performance on quality, and. Ragatz! It is also referred to as "aftermarket customer services". Again.
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Best books on Supply Chain Management
The current trend with respect to supplier quality management is a oboks selection and evaluation process that encourages long-term relations with a few qualified suppliers capable of achieving necessary quality requirements Monczka et al. In short, supplier and customer relationship management processes can enhance or inhibit competition. Early supplier design involvement is a concurrent engineering approach between suppliers and buyers that takes advantage of the supplier's design capabilities. Therefore, it's all about maximizing the tools and resources at your disposal in order to create a supply chain with the highest efficiency to cost ratio possible. Business entities Corporate group Conglomerate company Holding company Cooperative Corporation Joint-stock company Limited liability company Partnership Privately held company Sole proprietorship State-owned enterprise.
Last Updated on March 14, A supply chain book can reveal information that you simply cannot find anywhere else. Becoming proficient at supply chain management takes a combination of formal training, on the job experience and a commitment to continuously evolving your knowledge base. A university textbook and supply information book can have some very different information in it. What you learn in the university are the fundamentals and the theories what you learn after can be truly enlightening. One of the best ways to learn about successful supply chain management is to read about the experiences of someone that has done it!