Supply Chain and
Logistics
Management
- Session 1
Jeb
MV Ever Given stuck @Suez Canal for 6 days
Container Vessels made 256 Bn$ profit in 2022 Vs under 10 Bn$ profit in 2018
What is Supply chain management?
SCM is the management of the flow of goods,
data, and finances related to a product or
service,
from the procurement of raw materials to the delivery
of the product at its final destination.
What is end(RM) to end(End customer) in SCM?
Customers that are never satisfied
Supply chains are large & Complex and must
be managed
Supply A product cycle that is getting shorter and
shorter
chain A vast amount of data
challenges An emphasis on profit margins that are more
squeezed
An increasing number of alternatives
Complex Supply chain
Biggest
Supply Chain
End of session 1