SBMG10013 Lecture Notes - Lecture 3: Supply Chain

• School: Mohawk College
• Department: Small Business Management
• Course: SBMG10013
• Professor: Melanie Sodtka

Document Summary

A supply chain is the system of organizations, people activities resources and information involved in moving a service or product from supplier to customers. Supply chain activities transform raw materials and components in to a finished product that is delivered to the end customer: supply chain surplus & its probability. Supply chain surplus includes quality of the operations of the association. Contrast between those income created starting with those clients the organization serves and the cosset that the organization need incurred same time serving the clients. Which includes of the benefit of the association: three phrases of supply chain decision, supply chain strategy, supply chain planning, supply chain operation. Supply chain strategy includes plants factories, warehouses and distribution centers. Product where made or stock at various location. Over which market: aggravator arranging for generation, manufacturing subcontract, stock arrangements control, measuring also timing about market promotions.