[SCM 303] - Final Exam Guide - Comprehensive Notes for the exam (141 pages long!)
29 Nov 2016
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Document Summary
Supply chain (sc): the global network of organizations and activities involved in designing, creating, delivering, consuming, and disposing of goods and services. Supply chain management (scm): is management of both internal and external relationships in a supply chain. Tradability the property of a good or service that can be sold in another location distant from where it was produced. Higher due to changes in energy sources, transportation, and communication. 1982 the term supply chain coined by booz allen hamilton consultants. Little agreement on what is/is not sc in organizations. Aligning supply chains with the company"s competitive strategy. Evolving with the needs of customers, competition, and technology. According to a study by swink et al (2010), companies that excel in scm outperformed their nearest competitors: 20% lower sales, general & administration (sg&a) expenses. Strategic business unit (sbu): semi-independent organization for different products or markets. Functional strategy: determines how functions support business unit strategies.
