Assignment Nos. 3 Supply Chain Management

New Era University.
College of Accountancy
SCHOOL OF MANAGEMENT
No.9 Central Avenue, New Era, Quezon City 1107 Philippines
Tel. Nos. (632) 8981-4227/Fax: (632) 8981-4240
E mail add: accountancy@neu.edu.ph
Title of the Activity:

Assignment Nos. 3 Supply Chain Management
Submitted by: Submitted to:

Patricia Nicole Y. Cruz Prof. Mario Brillante Wesley C. Cabotage
Date Submitted: September 2, 2021
Section Schedule: 2BSA-4(TF-5:30-7:00 PM)

Please answer the following questions and submit on the deadline date.
1. Define supply chain management

The administration of the movement of goods and services is referred to as supply
chain management, and it covers all procedures that turn raw materials into finished
commodities. It involves a company's supply-side activities being actively reduced in
order to optimize customer value and obtain a competitive advantage in the marketplace.
Suppliers attempt to develop and operate supply chains that are as efficient and
cost-effective as practicable through supply chain management (SCM). Supply chains
includes everything from production-to-production process, as well as the information
systems required to accomplish these activities. Typically, SCM aims to centralize or link
a product's manufacturing, shipment, and distribution. Companies can save costs and
deliver items to customers faster by optimizing the supply chain. Internal inventories,
internal production, distribution, sales, and company vendor inventories are all under
tighter supervision.
2. What are the supply chain activities?

Farming, refining, design, manufacturing, marketing, and transportation are all
examples of supply chain activities.
3. What are the functions of supply chain management?

Aligning flows, integrating functions, coordinating processes, developing complex
systems, and managing resources are the five major functions of supply chain
management.
• Supply chain management maintains money, resources, and information going up
and down a supply chain by aligning flows between customers and providers.
• Supply chain management integrates logistics, buying, and operations activities

to ensure that they are focused on goals that promote overall performance.
• Supply chain management boosts profits by coordinating the processes that are
used to plan, source, manufacture, deliver, and (if necessary) return a company's
products and services.
• Designing Complex System- Simulators may be used to forecast how a supply
chain will behave and show how minor adjustments can cause big interruptions in
the flow of materials.
• Managing resources- Supply chain managers are in charge of ensuring that

customers' needs are met through the use of people, procedures, and technology.
4. What are the objectives of supply chain?

Every supply chain's objective is to maximize the overall value generated. The
difference between the finished product's value to the customer and the supply chain's
effort in fulfilling the customer's request is the value a supply chain generates. The value
of most commercial supply chains will be significantly connected with procurement
profitability, which is the distinction between revenue earned from customers and overall
supply chain costs.
The value of most commercial supply chains will be significantly connected with
supply chain profitability, which is the difference between revenue earned from customers
and overall supply chain costs.
5. Differentiate the cycle view and push and pull strategy.

The processes and owners of each process are clearly defined in a cycle view of
the supply chain. When making operational decisions, this perspective is quite valuable.
In a push-based supply chain, products are pushed through the channel from production
to retailers because it defines the duties and responsibilities of each member of the supply
chain including the intended results for each activity. Procurement, production, and
distribution in a pull-based supply chain are driven by demand rather by expectations.
Goods are made in the quantity and time required.
Reference/s:
CourseHero. (n.d.). Retrieved from
https://www.coursehero.com/u/file/81778789/Assignment-No3-Supply-Chain-
Management-1docx/?justUnlocked=1#question
Dummies. (n.d.). Retrieved from 5 Functions of Supply Chain Management:
https://www.dummies.com/business/management/5-functions-supply-chain-
management/
Fernando, J. (2021, August 30). Investopedia. Retrieved from Supply Chain
Management (SCM): https://www.investopedia.com/terms/s/scm.asp
Mukit. (2016, June 16). SCM Wizard. Retrieved from What is Supply Chain? The
Objective of a Supply Chain: https://scmwizard.com/what-is-supply-chain/

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New Era University.

Title of the Activity:

Submitted by: Submitted to:

Date Submitted: September 2, 2021

Section Schedule: 2BSA-4(TF-5:30-7:00 PM)

1. Define supply chain management

2. What are the supply chain activities?

3. What are the functions of supply chain management?

• Supply chain management integrates logistics, buying, and operations activities

• Managing resources- Supply chain managers are in charge of ensuring that

4. What are the objectives of supply chain?

5. Differentiate the cycle view and push and pull strategy.

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