An Introduction to Supply Chain Management (SCM)

▤ Summary

There are many stops along this route, but first comes the design and plan, which when executed must be monitored as would any other project to measure its progress and control any issues that arise before they become problems that impact the cost of the operation. The field is anything but static, with developments continuing to this day, including taking into consideration issues of sustainability, as well as other ethical concerns, and incorporating risk management. While the idea of supply chain management is certainly as old as commerce itself, the term only dates to 1982, when British logistician and consultant Keith Oliver used in in when interviewed by the Financial Times. Supply chain management also needs integration and collaboration between buyers and suppliers, joint product development, common systems and shared information. Multinational companies, joint ventures, strategic alliances and other partnerships, as well as technological advancements, have contributed to more cooperation among those in the supply chain network.

▦ Linked Companies

ProjectManager

$1M to $5M