• Unit 4: Supply Chain Management (SCM)

    Supply chain management refers to the entire process of obtaining raw goods from a supplier, converting those goods into products, shipping products, and placing them in front of customers. Operations management typically focuses on the production side of supply chain management, but a good manager is concerned with the entire process. In this unit, we will look at managing firm resources on the supply side and distributing finished goods to the consumer.

    Many problems associated with supply chain management are closely related to typical operations management problems. Instead of the question "How should we make this?", it becomes "How should we get this from point A to B?" Shipping the product straight from the factory to the customer may be best, but it may be prohibitively expensive. Many firms find it easier and cheaper to ship products to distribution warehouses first and distribute them to customers on a more local level.

    Completing this unit should take you approximately 3 hours.

    • 4.1: Fluctuations in the Supply Chain

    • 4.2: Supply Chain Procurement

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    • 4.3: Supply Chain Distribution

    • Unit 4 Assessment

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