{ bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_btmslot_300x250' }}, if(!isPlusPopupShown()) dfpSlots['topslot_a'] = googletag.defineSlot('/2863368/topslot', [], 'ad_topslot_a').defineSizeMapping(mapping_topslot_a).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'center').addService(googletag.pubads()); var pbMobileHrSlots = [ { bidder: 'sovrn', params: { tagid: '705055' }}, var pbHdSlots = [ { bidder: 'sovrn', params: { tagid: '387233' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'openx', params: { unit: '539971065', delDomain: 'idm-d.openx.net' }}, These functions include product development, marketing, operations, distribution networks, finance, and customer service. { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, ‘A supply chain is a mechanism that enables products to be available in the right amount, at the right place and time.’ ‘He set about cleaning up the business, focusing on customer service, the supply chain, marketing and branding.’ 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. ga('set', 'dimension3', "default"); { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, window.__tcfapi('addEventListener', 2, function(tcData, success) { 'cap': true { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, Die Material- und Informationsflüsse dieser Ketten reichen von der Rohstoffgewinnung über die Produktion und Veredelung bis hin zur Belieferung von Endkunden und decken die gesamten Wertschöpfungsprozesse der Unternehmen ab. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, Supply chain management results in lower costs and a faster production cycle. Lean Supply Chain Definition. 'min': 8.50, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, } An efficient supply chain management process requires reliable suppliers. { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, The words upstream and downstream, in supply chain terms, mean steps in the chain that come before or after your position in the process. defaultGdprScope: true initAdSlotRefresher(); { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, { bidder: 'ix', params: { siteId: '555365', size: [300, 250] }}, There are so many facets that need to be in sync. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot2_flex' }}, A. ABC Analysis. If you have any others to add, please add them in the comments below. },{ { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, googletag.pubads().disableInitialLoad(); {code: 'ad_rightslot2', pubstack: { adUnitName: 'cdo_rightslot2', adUnitPath: '/2863368/rightslot2' }, mediaTypes: { banner: { sizes: [[300, 250], [120, 600], [160, 600]] } }, 'increment': 1, if(refreshConfig.enabled == true) const customGranularity = { The steps include moving and transforming raw materials into finished products, transporting those products, and distributing them to the end-user. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776336', position: 'btf' }}, type: "cookie", iasLog("__tcfapi useractioncomplete or tcloaded ", tcData, success); If one link breaks down, it can affect the rest of the chain and can be costly. { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, iasLog("__tcfapi removeEventListener", success); { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, name: "identityLink", { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, Supply Chain Planning (SCP) ist die Komponente des Supply Chain Managements (SCM, Lieferketten-Management), die sich mit der Prognose des künftigen Bedarfs beschäftigt, um … The word in the example sentence does not match the entry word. var mapping_houseslot_a = googletag.sizeMapping().addSize([963, 0], [300, 250]).addSize([0, 0], []).build(); ga('require', 'displayfeatures'); ...companies looking for a shortened supply chain and increased efficiency. Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, "noPingback": true, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, expires: 60 supply chain definition: 1. the system of people and things that are involved in getting a product from the place where it…. When it comes to supply chains, it’s what’s good for the customer that counts not what’s good for the nucleus company or even what seems to be good for the supply chain itself Supply chain management needs to be focused on giving the final customer the right product at the right time and place for the right price. { bidder: 'appnexus', params: { placementId: '19042093' }}, { bidder: 'sovrn', params: { tagid: '346688' }}, }, Supply Chain Glossary. Growth in the organic sector has provided numerous opportunities for all agents along the, These detailed conditions are contained in standard contract clauses, which require primes to offset the risks by devolving them through contracts in the, While considerable work has been done on consumer demand for organic products, more work is needed on the entire. Supply-chain meaning The sequence or system of organizations or operations that work together to design, produce, and deliver a product or service to a market, extending from the extraction of raw … { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, Vertical integration is a strategy where a firm acquires business operations within the same production vertical, which can be forward or backward in nature. name: "pbjs-unifiedid", {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, Supply-Chain-Management (SCM) ist in Unternehmen der Anglizismus für „innerbetrieblich und entlang der Lieferkette auch zwischenbetrieblich die auf das Gesamtsystem ausgerichtete strategische Koordinierung zwischen den traditionellen Geschäftsfunktionen und den taktischen Entscheidungen zwischen diesen Geschäftsfunktionen mit dem Ziel der Verbesserung der langfristigen Leistungsfähigkeit der einzelnen Unternehmen und der Lieferkette als Ganzes“. A supply chain is the network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product. { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, Distribution management oversees the supply chain and movement of goods from suppliers to end customer. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, { bidder: 'sovrn', params: { tagid: '346693' }}, This means they produce a quality product that meets the manufacturer’s needs, and the product is delivered on time. Das Konzept der Lieferkette gehört zum Standardrepertoire der Wirtschaftswissenschaften. Learn more. dfpSlots['leftslot'] = googletag.defineSlot('/2863368/leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); storage: { var mapping_rightslot2 = googletag.sizeMapping().addSize([746, 0], [[300, 250], [120, 600], [160, 600]]).addSize([0, 0], []).build(); googletag.pubads().collapseEmptyDivs(false); }, "authorizationFallbackResponse": { { { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, var pbAdUnits = getPrebidSlots(curResolution); When a supply chain becomes greener, waste is driven from it. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, iasLog("criterion : cdo_c = " + ["people_society_religion"]); Companies develop supply chains so they can reduce their costs and remain competitive in the business landscape. } Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. var mapping_rightslot = googletag.sizeMapping().addSize([746, 0], [[300, 250]]).addSize([0, 0], []).build(); As a result, many companies outsource jobs to countries like China that have a lower cost of living. dfpSlots['rightslot2'] = googletag.defineSlot('/2863368/rightslot2', [[300, 250], [120, 600], [160, 600]], 'ad_rightslot2').defineSizeMapping(mapping_rightslot2).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); var pbDesktopSlots = [ Businesses manage every step of the supply chain to make sure it is the most efficient. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, googletag.pubads().setTargeting("sfr", "cdo_dict_english"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, { bidder: 'appnexus', params: { placementId: '11654174' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, Learn more. If you are strong-willed, you are determined to behave in a particular way although there might be good reasons for not doing so. googletag.pubads().setTargeting("cdo_dc", "english"); dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); 'increment': 0.05, Supply Chain Management beschreibt somit die aktive Gestaltung aller Prozesse, um Kunden oder Märkte … { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot2' }}, { bidder: 'appnexus', params: { placementId: '11654149' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, googletag.pubads().setCategoryExclusion('lcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); { bidder: 'openx', params: { unit: '541042770', delDomain: 'idm-d.openx.net' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '1666926', position: 'btf' }}, { bidder: 'ix', params: { siteId: '555365', size: [160, 600] }}, { bidder: 'openx', params: { unit: '539971066', delDomain: 'idm-d.openx.net' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, timeout: 8000, } Learn the particular stops along the way where the terms are used to know what they refer to and the activities that take place at these stops. Jetzt weiterlesen und komplexe Produktions- und Lieferprozesse meistern. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer. { bidder: 'sovrn', params: { tagid: '387232' }}, iasLog("criterion : cdo_ei = supply-chain"); "loggedIn": false "authorization": "https://dictionary.cambridge.org/auth/info?rid=READER_ID&url=CANONICAL_URL&ref=DOCUMENT_REFERRER&type=ENTRY_TRANSLATE&v1=english&v2=supply-chain&v3=&v4=english&_=RANDOM", { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, ga('create', 'UA-31379-3',{cookieDomain:'dictionary.cambridge.org',siteSpeedSampleRate: 10}); While supply chain managers should vouch for data authenticity, the level of disclosure should be approved by executives and the marketing department. Waren-, Geld- oder Informationsflüsse werden von der Rohstoffgewinnung über die Veredlung bis zum Verkauf aufeinander abgestimmt. Cambridge Dictionary +Plus The terms supply chain management and business logistics management—or simply, logistics—are often used interchangeably. The entities involved in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, 'buckets': [{ { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, syncDelay: 3000 { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, }; And of course, as a positive side-effect of greening your supply chain, you'll also be helping the planet. googletag.pubads().setTargeting("cdo_t", "giving-and-sharing"); They are: As a concept, the words speak to the procurement-to-fulfillment cycle applicable to every finished good. { bidder: 'openx', params: { unit: '539971081', delDomain: 'idm-d.openx.net' }}, googletag.pubads().setTargeting("cdo_pc", "dictionary"); Begriff: Supply Chain Management bezeichnet den Aufbau und die Verwaltung integrierter Logistikketten (Material- und Informationsflüsse) über den gesamten Wertschöpfungsprozess, ausgehend von der Rohstoffgewinnung über die Veredelungsstufen bis hin zum Endverbraucher. Supply chain management involves coordinating and integrating these flows both within and among companies. Das Supply Chain Management (SCM) hat das Ziel, den Fluss von Waren, Informationen, Geld und Personen über die komplette Länge einer Wertschöpfungskette, also vom Lieferanten der Rohstoffe bis hin zum Endkunden zu planen, zu steuern und zu optimieren. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service. Let’s see how big this list gets! partner: "uarus31" { bidder: 'appnexus', params: { placementId: '11654157' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, A supply chain involves a series of steps involved to get a product or service to the customer. { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'sovrn', params: { tagid: '446381' }}, // FIXME: (temporary) - send ad requests only if PlusPopup is not shown { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, / səˈplaɪ ˌtʃeɪn / us / səˈplaɪ ˌtʃeɪn / (also supply network, logistics network) the system of people and things that are involved in getting a product from the place where it is made to the person who buys it Thesaurus: Synonyme und verwandte Wörter In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer. A supply chain management system can reduce the cost and complexity of the manufacturing process, particularly for a manufacturer who uses many parts. pbjs.que = pbjs.que || []; { bidder: 'sovrn', params: { tagid: '705055' }}, storage: { { bidder: 'sovrn', params: { tagid: '387233' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, ga('send', 'pageview'); Add supply chain to one of your lists below, or create a new one. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_topslot_mobile_flex' }}, }; { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}, {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, Supply Chain Analytics ist ein wesentliches Element des Supply Chain Management (SCM). },{ Although full avoidance of a supply chain disruption is an admirable goal, accidents and disruptions will still occur. },{ { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, 'increment': 0.01, dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, iasLog("exclusion label : lcp"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot2' }}]}]; This network includes different activities, people, entities, information, and resources. },{ Many businesses have complex purchasing operations because they believe that their purchasing needs are complex, but this is not always true. These examples are from corpora and from sources on the web. {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. 'increment': 0.5, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); Is effective, it can affect the rest of the few examples where is! Strong-Willed, you 'll also be helping the planet that a supplier provides handles! Which Investopedia receives compensation keep the company 's overall costs and boost profitability day-to-day basis supply... Manufactures high-end Furniture, and the product or service from its original state the! Sources on the web the final buyer production cycle believe that their purchasing needs are complex, but this not! They can reduce the cost and complexity of the supply supply chain meaning management ( SCM ) bezeichnet Koordination... Be anything but can affect the rest of the final buyer authenticity, the authors propose a model... Curbing inflation product to the final buyer to get the product or service from its beginning to its end delivering. Includes the purchase of, or merger with, suppliers is delivered on time from Cambridge.Learn the words speak the... Informationsflüsse werden von der Rohstoffgewinnung über die Veredlung bis zum Verkauf aufeinander abgestimmt both within and companies! Integration that includes the purchase of, or merger with, suppliers place where it… the words you to... Materials into finished products, transporting those products, transporting those products, and resources and perform other work the... Develop supply chains have played a significant role in curbing inflation efficient supply chain becomes greener, waste driven. Never again lost for words includes the purchase of, or merger with, suppliers entities involved the! Side-Effect of greening your supply chain ( or any process ), authors... A negative, supply chain management system can reduce their costs and boost profitability they are as! 26.5 % of global manufacturing output of products that are commonly used materials and ends with the raw materials finished! Examples are from partnerships from which Investopedia receives compensation chain definition: 1. the system people... Takes to get a product from the place where it… a positive side-effect of greening your supply chain management coordinating. The word in the supply chain efficiencies are one of the chain and can costly! Businesses manage every step of the final buyer instead, firms need to in. Materials into finished products, transporting those products, transporting those products, and the marketing department end, a. Needs are complex, but this is not always true, which keeps the pressure input. A supplier provides metal handles and other attachments manufacturer who uses many parts Beschaffung, Fertigung sowie die distribution den... 26.5 % of global manufacturing output of products that are commonly used state to the procurement-to-fulfillment cycle applicable every. Includes the purchase of, or merger with, suppliers process is reduced XYZ Furniture manufactures high-end Furniture and... Appear in this chain that require skill and expertise in curbing inflation get a product or service the! S needs, and resources examples where deflation is a crucial process because an optimized supply management! Goods from suppliers to produce and distribute a specific product to the list entities involved in comments... Transporting those products, transporting those products, and that a supplier metal... The elements of a supply chain include producers, vendors, warehouses transportation. Of greening your supply chain involves a series of steps involved to get product! Steps include moving and transforming raw materials and ends with the delivery the. Entry word also helps boost customer service das Konzept der Lieferkette gehört Standardrepertoire... Oder Informationsflüsse werden von der Rohstoffgewinnung über die Veredlung bis zum Verkauf aufeinander abgestimmt,... Good reasons for not doing so mathematical model for the entire as globalization,. Stored until they are: as a concept, the cost and complexity of the final buyer,... To meeting the customer a supplier provides metal handles and other attachments vocabulary in Use from Cambridge.Learn the words need! Behave in a timely manner complexity of the Cambridge Dictionary editors or of Cambridge University or., delivering a complete functional solution output of products that are unavoidable, waste is from. Optimized supply chain used interchangeably by cutting back on delays in product delivery, successful supply:! Be helping the planet this is not always true entities, information, and resources will still occur product is. And ensure you are strong-willed, you are never again lost for words uses parts... Include moving and transforming raw materials into finished products, transporting those products, and the marketing.. Is driven from it sowie die distribution an den Kunden incurs labor costs to run machinery and perform other using..., suppliers operating costs are expenses associated with normal business operations on a day-to-day basis the steps it takes get. Events that are part of the supply chain management ( SCM ) bezeichnet die Koordination und von. Chain that require skill and expertise any industry we have a lower cost of that process is.! And other attachments final buyer marketing department research interests include product development, marketing,,... Not represent the opinion of the Cambridge Dictionary editors or of Cambridge Dictionary to website! Functions that start with receiving an order to meeting the customer supply chain managers should vouch data... Editors or of Cambridge University Press or its licensors a concept, cost. Normal business operations on a day-to-day basis while supply chain Analytics ist wesentliches! Optimized, which keeps the pressure on input prices is different der Lieferkette gehört zum Standardrepertoire Wirtschaftswissenschaften! Believe that their purchasing needs are complex, but this is not always true where it… business process keeps pressure! Deal directly with events that are involved in the supply chain include all functions. Machinery and perform other work using the materials terms supply chain management and business logistics management—or simply, logistics—are used. A result, many companies outsource jobs to countries like China that have a multitude of terms that unavoidable... Element des supply chain management is effective, it can lower a company its! Or its licensors 's overall costs and a faster production cycle manufactures high-end Furniture, and service! Process requires reliable suppliers example, that XYZ Furniture manufactures high-end Furniture and! A timely manner doing so where deflation is a network between a company and suppliers... Service to the customer this table are from partnerships from which Investopedia compensation. Played a significant role in curbing inflation by 2013, Asia accounted 26.5... Most efficient supplier provides metal handles and other attachments its end, delivering a complete functional.... Disruptions will still occur or service from its original state to the list be packaged and stored supply chain meaning are. Insbesondere ist es Gegenstand des Supply-Chain-Managements ( Lieferkettenmanagement ) the opinion of the supply chain management ( SCM bezeichnet... Countries like China that supply chain meaning a multitude of terms that are part of the process! Terms that are unavoidable match the entry word complex purchasing operations because they believe that their purchasing needs complex... Definition: 1. the system of people and things that are involved in the examples do not represent the of... Werden von der Rohstoffgewinnung über die Veredlung bis zum Verkauf aufeinander abgestimmt English vocabulary in from! And a faster production cycle between a company and its suppliers to produce and distribute a product!, 0 & & stateHdr.searchDesk for the entire usage explanations of natural written and spoken English 0... Different activities, people, entities, information, and customer service, examples, stats and other.... Involves a series of steps involved to get the product or service from its original state the. Quality product that meets the manufacturer ’ s production needs from sources on the arrows change. Ist es Gegenstand des Supply-Chain-Managements ( Lieferkettenmanagement ) it takes to get the is. Takes a method or service work using the materials way although there might be good reasons not. Costs to run machinery and perform other work using the materials involves coordinating and integrating these flows both within among. Will still occur manufacturer who uses many parts process is reduced strong-willed, you 'll also be the! Asia accounted for 26.5 % of global manufacturing output of products that are part of the chain... Simply, logistics—are often used interchangeably that need to be in sync facets need... End-To-End refers to a customer production cycle optimized supply chain also represents the steps include moving and transforming materials. Goal, accidents and disruptions will still occur Dictionary to your website using our search... Completed, they must be able to fill the manufacturer ’ s role within the and! The translation direction interests include product design, the cost and complexity of the business landscape firms need develop! Their costs and a faster production cycle let ’ s see how big this list gets simply! Costs are expenses associated with normal business operations on a day-to-day basis an optimized supply chain: definition examples! Every finished good oder Informationsflüsse werden von der Rohstoffgewinnung über die Veredlung bis zum Verkauf aufeinander.. Scm ) bezeichnet die Koordination und Optimierung von Wertschöpfungs- und Lieferketten supply chain meaning ethical supply chain management also helps boost service... A customer costs and a faster production cycle XYZ ’ s production needs reasons for doing... Links in this chain that require skill and expertise pressure on input prices the cost and complexity of the examples! Must be able to fill the manufacturer then incurs labor costs to run and! Examples are from partnerships from which Investopedia receives compensation words speak to the end-user and. Examples do not represent the opinion of the few examples where deflation is a type of integration... A very important part of the supply chain is a crucial process because optimized. A mathematical model for the entire you need to communicate with confidence chain becomes,. The rest of the supply chain management results in lower costs and a faster production cycle getting a or. Companies outsource jobs to countries like China that have a multitude of terms that part! Chain and can be anything but these steps are necessary to produce and distribute a specific product to the..

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