Supply Chain Management:
Enterprise Resource Planning (ERP), Business Process Re-engineering (BPR) and Supply Chain Management (SCM) are the three generally heard buzzwords in recent years. All of the three are associated in some ways. In this unit, we shall examine supply chain management.
Objectives
After studying this unit, you shall be able to
- describe supply chain processes,
- understand what is supply chain,
- study the components of a supply chain,
- know the several benefits from supply chain improvement,
- describe the scope of supply chain improvement,
- understand the aims of supply chain management,
- understand Bullwhip effect, and
- understand metrices of supply chain performance.