Objective: Understand the fundamentals, structure, and importance of supply chains.
- Introduction to Supply Chain Management
- Definition and scope of SCM
- Supply chain vs planning.
- Supply Chain Components
- Suppliers → Manufacturers → Distributors → Customers
- Supply Chain Models
- Push vs pulls systems.
- Traditional vs agile supply chains
- Key Supply Chain Objectives
- Cost efficiency, speed, quality, flexibility
- Role of SCM in Business Strategy
Activity: Map a basic supply chain for a real product
