Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?
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Transcript of Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?
![Page 1: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/1.jpg)
Chapter 1: 21st Century Supply Chains
Supply Chain Management:
What Is It?
![Page 2: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/2.jpg)
Supply Chain Management: What Is It?
Logistics.
Supply Chain Management.
=
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Back in the day…
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Back in the day…
![Page 5: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/5.jpg)
But things began to change…
$$$$
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But things began to change…
www.agoravox.com
www.quartermaster.army.mil .
..
. ..
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But things began to change…
www.agoravox.com
![Page 8: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/8.jpg)
The Value of Inventory
$ $
$$
...
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The Value of Inventory
$
$
$$
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The Value of Inventory
..
.
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The Value of Inventory
..
.
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The Value of InventoryInventory Carrying Costs
..
$$$$$
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The Value of Inventory
• Housing the inventory (the truck trailer).
• Security (trucks are hijacked).
• Taxes.• Insurance.
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The Value of Inventory
• Housing the inventory (the truck trailer).
• Security (trucks are hijacked).
• Taxes.• Insurance.
$750,000?$500,000?$1,000,000?
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The Value of Inventory
• The value of inventory becomes very important in supply chain management.
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Back in the day…
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Back in the day…
![Page 18: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/18.jpg)
Supply Chain Management: What Is It?
Logistics.
Supply Chain Management.
![Page 19: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/19.jpg)
Business Logistics
Seller Buyer
Goods
Services
Information
Money
.
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Business Logistics
Seller Buyer
Goods
Services
Information
Money
![Page 21: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/21.jpg)
Business Logistics
• Customer service
• Demand forecasting
• Inventory
• management
• Logistics
• communication
• Materials handling
• Order processing
• Plant and
warehouse site
selection
• Packaging
• Procurement
• Reverse logistics
• Traffic, transportation
• Warehousing, storage
Seller Buyer
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Seller Buyer
Goods
Services
Information
Money
Business Logistics
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Seller
Flow ofgoods, servicesinformation,money
Buyer
Supply Chain Management
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Supplier
Supplier
Supplier
Seller
Flow ofgoods, servicesinformation,money
Buyer
Supply Chain Management
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Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Seller
Flow ofgoods, servicesinformation,money
Buyer
Supply Chain Management
What do we have?
An integrated supply chain.
.
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Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Seller
Flow ofgoods, servicesinformation,money
Buyer
Supply Chain Management
What do we have?
An integrated supply chain
![Page 27: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/27.jpg)
Business Logistics
Seller Buyer
Goods
Services
Information
Money
![Page 28: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/28.jpg)
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Supplier
Seller
Flow ofgoods, servicesinformation,money
Buyer
Supply Chain Management
An integrated supply chain
![Page 29: Chapter 1: 21st Century Supply Chains Supply Chain Management: What Is It?](https://reader036.fdocuments.net/reader036/viewer/2022081512/56649e8a5503460f94b8f37d/html5/thumbnails/29.jpg)
One More Thing…
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www.nndb.com/people/469/000045334/h-lee-scott.jpg
End of Program.
Lee ScottWal-Mart’s Chief Executive Officer
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