Supply chain management flows can be divided into three main flows:
- The product flow .
- The information flow .
- The finances flow.
Supply Chain Management is an integrative approach that considers both the inbound (upstream) and outbound (downstream) floe of materials,services and goods to the firm.
Supply Chain Management is the integration of business processes from end user through original suppliers that provide products, services and information that add value to customers
Supply Chain Management- the integration process.
- Traditionally upstream and down stream portions of the supply chain have interacted as disconnected entities with sporadic information flow over time.
- Successful supply chain requires a change from managing individual functions to integrating activities into supply chain processes.
- Operating an integrated supply chain requires continuous information flows that in turn help to create the best best mix of product flows.
- The customer remains the primary focus of the process.
- Improved linkages with suppliers are necessary to control uncertainties in demand, manufacturing processes,and supplier performance.
- Improved level of collaboration with supplier and customer.
- Information processed with accuracy and timeliness giving fast response to changing customer demands.
