Supply Chain Management

Supply Chain Management (SCM) is the integration of information, technologies and management of key business functions which is linked directly or indirectly and provides services to the same customer. It promotes the flow of products downstream from raw materials to the end consumer and the flow of information upstream from consumer to supplier [1].

In above figure it explains that raw materials is procured and then it goes to the supplier for processing of raw material, suppliers supplies the processed raw materials to the manufactures, producers transform these raw material into finished goods, distributors delivers finished goods, packed materials to customers or retailers and retailers sell that product to consumers.

Supply chain management was introduced due to inability of the organizations to understand the entire string of activities that governed the delivery of the product to the final customer. Previously companies were too restricted in their outlook and were concerned only with activities within their own boundaries. In essence, supply chain management integrates supply and demand management within and across companies. SCM ensures higher efficiency of modern businesses, by coordinating and synchronizing various organizations in the supply chain [2]. There are a variety of supply chain models, which address both the upstream and downstream sides. The SCOR (Supply-Chain Operations Reference) model. This literature review gives a brief description of the SCOR model.

2. BACKGROUND

2.1. THE SUPPLY CHAIN COUNCIL

Supply Chain Council (SCC) is a global nonprofit organization (NGO) whose framework, improvement methodology, training, certification and benchmarking tools help member organizations make dramatic,...

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...espread use of SCOR model.

10. REFERENCES

[1] SASCM Student association of supply chain management, Weber State University.

[2] en.wikipedia.org/wiki/Supply_chain

[3] Supply Chain Council (2010), Supply-Chain Operations Reference (SCOR) model, Version 10, Supply-Chain Council, Inc, 2010

[4] Supply Chain Council (2008), Supply-Chain Operations Reference (SCOR) model, Version 9 Overview, Supply-Chain Council, Inc, 2008.

[5] Peter Bolstorff and Robert Rosenbaum. Supply Chain Excellence: A Handbook for Dramatic Improvement Using the SCOR Model. Broadway, NY: American Management Association, 2003.

[6] https://supply-chain.org/f/SCOR-Overview-Web.pdf

[7] Samuel H. Huan, Sunil K. Sheoran, Ge Wang, (2004) "A review and analysis of supply chain operations reference (SCOR) model", Supply Chain Management: An International Journal, Vol. 9 Iss: 1, pp.23 - 29