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    Guiamilil Report

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    gravamenwillie7
    The document discusses the differences between a value chain and supply chain management. A value chain is specific to a company and involves activities to deliver valuable products or services. Supply chain management is broader and involves the flow of goods and services between all stakeholders needed to fulfill customer requests, from raw materials to consumption. It also lists eight key processes of supply chain management, such as customer relationship management, demand management, order fulfillment, and supplier relationship management.

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    Guiamilil Report

    Uploaded by

    gravamenwillie7
    16 views7 pages
    The document discusses the differences between a value chain and supply chain management. A value chain is specific to a company and involves activities to deliver valuable products or services. Supply chain management is broader and involves the flow of goods and services between all stakeholders needed to fulfill customer requests, from raw materials to consumption. It also lists eight key processes of supply chain management, such as customer relationship management, demand management, order fulfillment, and supplier relationship management.

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    Guiamilil report

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    The document discusses the differences between a value chain and supply chain management. A value chain is specific to a company and involves activities to deliver valuable products or services. Supply chain management is broader and involves the flow of goods and services between all stakeholders needed to fulfill customer requests, from raw materials to consumption. It also lists eight key processes of supply chain management, such as customer relationship management, demand management, order fulfillment, and supplier relationship management.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    16 views7 pages

    Guiamilil Report

    Uploaded by

    gravamenwillie7
    The document discusses the differences between a value chain and supply chain management. A value chain is specific to a company and involves activities to deliver valuable products or services. Supply chain management is broader and involves the flow of goods and services between all stakeholders needed to fulfill customer requests, from raw materials to consumption. It also lists eight key processes of supply chain management, such as customer relationship management, demand management, order fulfillment, and supplier relationship management.

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    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 7

    DISCUSS THE VALUE/SUPPLY

    CHAIN IN RELATION TO THE


    BUSINESS ENTERPRISE
    THE VALUE/SUPPLY CHAIN IN RELATION TO THE BUSINESS
    ENTERPRISE

    • Supply Chain Management can be


    described as the managing and
    distributing the goods and services that
    starts with the origin of the goods and
    ends with the consumption of the
    commodity.
    This also involves the transportation and
    storing of raw materials used in research in
    progress,procument, and professionally
    finished items.The main objective of supply
    chain management is to monitor and link the
    production,distribution and delivery of
    products and services. That can be
    achieved by businesses with a really strong
    and secure control on internal
    inventories,manufacturing,delivery,local
    development and sales.
    VALUE CHAIN VERSUS SUPPLY CHAIN MANAGEMENT

    VALUE CHAIN
    • A value chain is a set of activities that firm operating in a specific
    industry performs in order to deliver a valuable products or services
    for the market.
    • Value chain is MICRO, in the sense that it is done at company level
    • a value chain is a set of interrelated activities a company uses to
    create competitive advantage.
    • The idea of a value chain was poineered by American academic
    Michael Porter in his 1985 book ''Competitive Advantage: Creating
    and Sustaining Superior Performance."
    SUPPLY CHAIN MANAGEMENT

    • Supply chain management (SCM), is the management of the flow of


    goods and services, involves the movement and storage of raw
    materials, of work-in process inventory, and of finished goods from
    point of origin to point of consumption

    • Supply chain management is MACRO, in the sense that it invovles


    all different stakeholders and not only at company level

    • A supply chain involves all parties in fulfilling a customer request


    and leading to customer satisfaction.
    Eingt Key-Processes of Supply Management
    • 1.Customer Relationship Management (CRM) would allow client segments
    depending on the long-term importance of each category to the business or the
    supply.
    • 2. Customer Service Management it is a multi-business, centralized
    communication network for clients,complaints, queries, and feedback.
    • 3. Demand Management The method aims to coodinate supply and demand through
    the whole value chain by identifying consumer needs and implementing an action
    plan in anticipation of the actual customer purches.
    • 4. Order-fulfillment This includes making, carrying out, distributing and servicing
    consumer orders with on-the-spot support.
    • 5.Manufacturing Flow Management it means that the tools required to flexibly
    manufacturing cycle are available for companies in the supply chain.
    • 6. Supplier Relationship Management This offers institutional help, in particular to
    high-value vendors, for establishing and sustained strong relationship to benefit from
    production gains.
    • 7. Product Development and Commercialization it promotes collaborative
    production and promotion between supply chain member of organizations with
    onnovative goods and services
    • 8. Return Management This allows businesses to better control quantities of the
    inventory recovered while reducing associated costs.

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