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Key Concepts of Supply Chain Management - Wiley

1 After reading this chapter you will be able to Appreciate what a Supply Chain is and what it does Understand where your company fits in the Supply chains itparticipates in and the role it plays in those Supply chains Discuss ways to align your Supply Chain with your businessstrategy Start an intelligent conversation about the Supply chainmanagement issues in your companyThis book is organized to give you a solid grounding in the nutsand bolts of Supply Chain Management . The book explains theessential Concepts and practices and then shows examples of howto put them to you finish you will have a solid foundation insupply Chain Management to work first three chapters give you a working understanding of thekey principles and business operations that drive any Supply Chain . Thenext three chapters present the techniques, technologies, and metrics touse to improve your internal operations and coordinate more effective-ly with your customers and suppliers in the Supply chains your compa-ny is a part last three chapters show you how to find Supply Chain oppor-tunities and respond effectively to best capitalize on these 1 Key Concepts of Supply Chain 1/9/06 1:10 PM Page 1 COPYRIGHTED MATERIALCase studies are used to illustrate Supply Chain challenges and to presentsolutions for those challenges.

Management,” Journal of Business Logistics,Vol.22,No.2,p.18). • “Supply chain management is the coordination of production, inventory,location,and transportation among the participants in a supply chain to achieve the best mix of responsiveness and efficiency for the market being served.”—my own words.

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  Management, Supply, Chain, Supply chain management, Supply chain, Inventory

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