ITE Animation Project

Transcript

00:00

Supply Chain Management

00:02

By Francis Bryson and Antonio Davis

00:06

What is supply chain management?

00:11

Supply chain management has 5 major activities

00:11

1-Plan

00:12

2-Source

00:13

3-Make

00:14

4-Deliver

00:15

5-Return

00:21

Plan:

00:22

Prepare to handle the supplies

00:26

Source:

00:26

Build relationships with suppliers

00:32

Make:

00:33

Create the product

00:37

Deliver:

00:38

Plan for product transportation

00:42

Return:

00:43

Supports the ability to return products

00:48

The supply chain contains all parties involved in obtaining raw materials or a product

00:54

Supplier - Supplies the firm raw materials and products

00:56

Manufacturer - Turns materials into the finished product

00:57

Distributer - Transports products to retailers

00:59

Retailer - Sells products to customers

01:00

Customer - Purchases products products from retailers

01:05

There are three buisness areas of supply chain management

01:10

Procurement

01:12

Logistics

01:13

Materials Management

01:19

Procurement:

01:19

Purchasing goods and services

01:24

Logistics:

01:25

Processes that control distribution, maintenance, and replacement to support the supply chain

01:31

Materials management:

01:32

Activities that manage the flow of physical materials through the supply chain such as shipping or warehousing

01:36

This has been a brief overview of supply chain management

01:38

Thank you for watching