2. Supply Chain Management
SCM is defined as the "design, planning, execution, control, and
monitoring of supply chain activities with the objective of creating net
value, building a competitive infrastructure, leveraging worldwide
logistics, synchronizing supply with demand and measuring
performance globally
5. Supply Chain Logistics
Logistics is the part of the supply chain process that
plans, implements and controls the flow and storage of goods, services and related information
between the point of origin and the point of sale in order to meet customer’s requirements
6. Objective of LOGISTICS
Retail: To deliver the right merchandise, at the right
place, at the right quantity/quality, at the right time,
to the right customer, the right price.
Logistics: To move merchandise (inventory) effectively and efficiently from the point of origin to the
point of sale at the least cost.
7. Functions of Logistics
Inbound Logistics: Movement of goods and raw materials from suppliers to the manufacturer.
Purchasing and obtaining raw materials, material management (handling, storing and transporting).
Outbound Logistics: Movement of finished goods from the manufacturer to the customer.
Packaging, Warehousing, Transportation, Distribution
8. Supply Chain & Logistics problems
with solutions
Globalization
Quality & Compliance
Fast growing markets
Weather / Natural disasters
New Technology
Cyber risks