The Supply Chain Management Processes
Supply chain management is the management of relationships in the network of organizations, from end customers through original suppliers, using key cross-functional business processes to create value for customers and other stakeholders.
supply chain management is being recognized as the management of key business processes across the network of organizations that comprise the supply chain. While many have recognized the benefits of a process approach to managing the business and the supply chain, most are not clear about what processes are to be considered, what sub‐processes and activities are contained in each process, and how the processes interact with each other and with the traditional functional icons.
The supply chain Processes
Customer Relationship Management
Customer Service Management
Manufacturing Flow Management
Supplier Relationship Management
Product Development and Commercialization
Supply Chain Planning is an amalgamation of all the planning processes across various business planning functions such as Materials Requirement Planning, Sourcing and Distribution Network Planning, Inventory Planning, Financial Planning, and so on.
Manufacturers need to collaborate with suppliers, distributors and retailers to manage a balance between supply and demand. To achieve this, Collaborative Planning, Forecasting, and Replenishment (CPFR) model has been adopted by many manufacturers.
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