Introduction to Supply Chain Management

Adam Seeton

Supply chain is when you produce a product where the parts that you use are purchased from a supplier. When you sell these products to customers you become a part of a supply chain. Though some of these supply chains are simple, most of them are very complicated. It all varies on the size of the business that is selling the products and the number of products being sold. The chain begins and ends with the purchaser of the product. Supply chain management has been introduced to ensure that the process of manufacturing goes smoothly. They other goal is to also create the product at the lowest price and result in the highest customer. To improve this process, the management invests in technology to increase production. Why does it start and end here? Result in highest customer what?

Management looks are three different aspects of the company: Strategic, tactical, and operational. At the strategic level, management will look at the market for their product and price it based off of that. They will also work with suppliers in hopes to create partnerships. In tactical, they will work with logistics companies to develop effective transportation and cut down the cost of storing their inventory. At the operational, management will schedule production, supplier agreements and orders submitted by customers. It is basically managing how the supply chain works.

We learned how managing a supply chain really works. Communication with customers and resource suppliers is key for having a successful supply chain. Technology also plays an important role for the effectiveness of a supply chain (Murray 1).

Murray, Martin. "Introduction to Supply Chain Management." The Balance. N.p., 22 July 2016. Web. 29 Jan. 2017.