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SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN Students Name Institutional affiliation

   

Added on  2022-08-12

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SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN
Students Name
Institutional affiliation
SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN Students Name Institutional affiliation_1

Introduction
Supply chains are systems that involve organizations,
personnel, processes, commmuication, and the aspects
required in availing a consumable product to the end-user.
A supply chain comprises all the procedures for conversion
of materials into valuable products and delivery the ready
product to the customer.
Supply chain management is the science of bringing
together all aspects of a supply chain and making them
work in unison towards a common goal which is the
provision of refined services and products to the
consumers.
SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN Students Name Institutional affiliation_2

Differences between Supply Chain and Supply Chain Management
Supply Chain Supply Chain Management
Is the network connecting
logistics provides,
manufacturers, suppliers and
the customers.
Is concerned with establishing
these connections between
manufacturers, logistics service
providers, suppliers and the
customers
It involves acquisition of
suppliers/resources and their
movement from point of
acquisition to the point of
usage.
It involves the planning for
when and how the resources
will be acquired, where they
should be moved to and when
they should be moved
SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN Students Name Institutional affiliation_3

Cont.’
Supply Chain Supply Chain Management
Is a practical hands on
engaging concept.
Is an oversight science.
Is responsible for availing
requirements at the right time
and place.
Is responsible for equipping
the supply chain with the
capacity to provide
requirements efficiently.
A supply chain is an entity Supply chain management is
a process, a science.
SUPPLY CHAIN MANAGEMENT AND SUPPLY CHAIN Students Name Institutional affiliation_4

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