Date : 1st Sep 2010

Skyline has conducted a Seminar on Supply Chain Management for Management students. This helps the student to understand the key concept of SCM very well. Below is the summary:-

FUNDAMENTAL OF SUPPLY CHAIN:-

Supply chain is a set of activities ( E.G. Purchasing, manufacturing, logistics, distribution, marketing) that parform the function of delivering value to and customer. Traditionally, all the business units along a supply chain have their own objectives and these are often conflicting. There is no single Plan to carry out supply chain activities.

SUPPLY CHAIN MANAGEMENT GOAL:- Matching supply and demand in the most cost effective way.

NEED FOR SUPPLY CHAIN:-
Traditionally, all the business units along a supply chain have their own objectives and there are often conffictiong.
Purpose of Supply chain:-

* Joint accountaqbility.
* Bnhances organijational effectiveness.
* Alinginng targets, Objectives and actions across the function

FLOWS IN A SUPPLY CHIAN:-

Information———————

——- Product     ———- Customer
—————–    Funds     ———————-

TYPES OF SUPPLY CHAIN:- 
(1) Puss Process:- In which order is executed in anticipation to customer order. e.g. Nestle

(2) Pull Process:- In which order is executed in response to the customer order. e.g Dell

(3) Outsourcing:- Moving some of the firms internal activities and decisions to outside Provides