What is supply chain management?🤔

 -Week 10-

Hello everyone! Your Andani is here💮💖

TODAY, I want to share what I learnt for today's class😆


State of Industry Adoption of key drivers 
- AI
- Digital
- Green Economy



Supply Chain Management



-5 basic components of SCM-

1. Plan: Strategic component of SCM that involves developing a set of metrics to monitor organization's supply chain to ensure that is efficient and it delivers high quality and value to customers for the lowest cost.
2. Source: Organizations choose suppliers to deliver the goods and services they need to create their product or service.
3. Make: The manufacturing component in which managers schedule the activities necessary for production, testing, packaging and preparation for delivery. 
4. Deliver: Where organizations coordinate the receipt pf customer orders, develop a network of warehouse, select carriers to transport their products to their customers and create an invoicing system to receive the payments.
5. Return: A responsive and flexible network for receiving defective, returned or excess products back from their customers as well as for supporting customers who have problems with delivered products.


Pull model (customer bole customize)
Push model (mass production)

2 primary sources of problem along the supply chain
- Uncertainties
- The need to coordinate multiple activities, internal units and business partners

2 problems can be solved by making the systems which are:
- Demand forecast
- Bullwhip effect


P/s: I hope you guys can get some information that you can learn from what I share here💖 See you guys in next week's post! Stay tuned! 😆



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