CCT225H5 Chapter Notes - Chapter 10: Mattel, Best Buy

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Chapter 10: extending the organization- supply chain management. Includes customers, customers" customers, suppliers and suppliers" suppliers: todays supply chain is a complex web of: Other businesses partners linked primarily through information networks and contractual relationships: supply chain 3 main links: Materials flow from suppliers and their upstream suppliers at all levels. Transformation of materials into semi-finished and finished products, or the organizations own production processes. Distribution of products to customers and their downstream customers at all levels: organizations much embrace technologies that can effectively manage and over see their supply chains, bestbuy. Checks inventory levels at all 750 stores every half hour with its scm system, taking the guesswork out of inventory: helps create better forecasts, mattell. Improved forecasting with supply chain management, cut costs and shortened cycle times, improved forecasting. Also between firms which allows smooth and synchronized flow of information between all aspects of the supply chain: the 5 basic supply chain management components.

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