ADMS 2511 Chapter Notes - Chapter 10: Reverse Logistics, Ryder, Bullwhip

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Main objective : increase core competencies, become flexible and agile. Requirements for successful scm: tight integration with suppliers, business partners, distributors and customers. Supply chain- flow of materials, information, money and services from raw material suppliers, through factories and warehouses, to end customers. It includes the organization and processes that create and deliver products, information and services to end customers. Upstream: sourcing or procurement of raw materials from external suppliers. Supply chain managers select suppliers , develop pricing, delivery and payment processes between a company and its suppliers. it includes management of inventory, receiving and verifying shipments, transferring goods to manufacturing facilities and authorizing payments to suppliers. Managers schedule production, testing, packagins, preparation for delivery, etc, while monitoring quality levels , production output and worker productivity. Downstream: where distribution takes place, frequently by external distributors. Managers coordinate receipt of order, develop network of warehouses, select carriers and develop invoicing systems to receive payments.

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