Marketing Management Marketing Management MKTG 6170: Module II: MKTG 6170: Module II: Supply Chain Management/ Supply Chain Management/ Distribution Distribution Supply Chain ◦ An alignment of firms/exchanges Exchange perspective Supply Chain in Reality – A Network Major flows in a supply chain Purpose: ◦ Satisfy customer needs and meeting individual member goals
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Marketing Management MKTG 6170: Module II: Supply Chain Management/ Distribution Supply Chain ◦ An alignment of firms/exchanges Exchange perspective.
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Exchange perspectiveSupply Chain in Reality – A Network
Major flows in a supply chainPurpose:
◦ Satisfy customer needs and meeting individual member goals
Supply Chain ManagementSupply Chain ManagementThe Institute for Supply Management
◦ “the design and management of seamless (aka supply chain integration), value-added processes across organizational boundaries to meet needs of end customers”.
Council of Supply Chain Management Professionals (Council of Logistics Management until Dec 2004):◦ “integration of key business processes from end
user through original suppliers that provides products, services, and information, that add value for customers and other stakeholders”.
…….SCM.SCM SCM v/s Logistics v/s DistributionSCM v/s Logistics v/s Distribution
◦ Domain◦ Objective
Framework for Understanding Framework for Understanding SCMSCM
Components:Components:1. Network2. Business Processes3. Management Components
DistributionDistribution◦ Connection between individuals/firms
that contributes to the occurrence of an exchange
◦Basic function: create customer value/add value to customer by reducing spacial separation – physical and time distance – between point of production and point of consumption Place and time utility