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Chapter 1 General Introduction to Logistics;Learning points;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text A What is logistics ;Text B Activities of in logistics system;Text B Activities of in logistics system;Text B Activities of in logistics system;Text B Activities of in logistics system;Text B Activities of in logistics system;Text B Activities of in logistics system;Text B Activities of in logistics system;Exercises;Exercises;Exercises;Exercises;Exercises;Exercises;Chapter 2 Supply Chain Management;Learning points;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text A What is a Supply Chain?;Text B What is Supply Chain Management?;Text B What is Supply Chain Management?;1. What is supply chain management?
Supply chain management can be defined as the following: the management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost to supply chain as a whole. 1
Supply chain management (SCM) is the oversight of materials, information and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
Nowadays, a supply chain becomes the basic unit of competition. The leading companies have realized that the real competition is not company against company but rather supply chain.
;The integrated supply chain management shifts traditional channel arrangements from loosely linked groups of independent businesses that buy and sell inventory to each other toward a coordinated initiative to increase market impact, overall efficiency, cont
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