MARKET 1 Lecture Notes - Lecture 25: Production Planning, Management System, Insourcing
Document Summary
Ch1 scm- introduction to managing o perations across the supply chain. Supply chain is the world of manufacturing, procurement, and logistics. E. g. , excelling at this enables apple to to handle massive product launches without having to maintain large, profit-sapping inventories. Within this book, we will examine operational activities that take place within firms as well as cross firms" boundaries. This larger network of organisations makes up a firm"s supply chain. A broad definition of supply chain operations management. Includes execution of both lt and st tasks, internal and external communication. The scm concept can be used to describe connections among business partners. Operations management ths spans the boundaries of nay single firm, bringing together the activities of international operations with the operations of customers, suppliers and other partners around the world. Supply chain: the global network of organisations and activities involved in 1) designing, 2) transforming, 3) consuming and 4) disposing of goods and services.
