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Supply Chain

Introduction:
Supply Chain Management is the systematic, strategic coordination of the traditional business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole.
A basic supply chain consists of a company, an immediate supplier, and an immediate customer directly linked by one of the upstream and downstream flows of products, services, finances, and information.
An extended supply chain includes suppliers of the immediate supplier and customers of the immediate customer, all linked by one or more of the upstream and downstream flows of products, services, finances, and information.
An ultimate supply chain includes all the companies involved in all the upstream and downstream flows of products, services, finances and information from the initial supplier to the ultimate customer.
Seven Principles of Supply Chain Management:......


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Approximate Word Count: 1500
Approximate Pages: 6 (250 words per double-spaced page)

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