What is Supply Chain Management? Definition, Introduction, Process & Examples - AIMS UK

[@michaelpisciarino5348]

0:09 A Global Network 1:03 A Basic Supply Chain: Seller, Producer, Customer 1:55 Strategies: Stable, Reactive, Efficient-Reactive 3:10 Flows in Supply Chains 4:23 Corporate Supply Chain Model 5:23 Supply Chain in Services 6:05 Supply Chain Management: Vertical and Horizontal Integration 7:37 Benefits of Vertical and Horizontal Integration 8:48 Stages of Supply Chain Management Evolution 11:18 What is Supply Chain Management?

[@downsonjerome7905]

You absolute god

[@ronaldrevilla491]

All of youbdiscuss have an operations right?

[@aorusaki]

THANKS!

[@elimolina5439]

Thanks

[@nasnas8595]

Thank you so much

[@OmarAbidOfficial]

The day after tomorrow is my MBA mid term exam of Supply Chain Management (SCM) at Quaid-i-Azam School of Management Sciences (QASMS). I watched this video and already my topics are cleared. Thanks for the upload! 📦

[@neetrab]

Good luck!!

[@OmarAbidOfficial]

@@neetrab The main question in exam was to explain "understanding the customer and supply chain uncertainty" & it went well. Thanks for best wishes 🌻

[@BusinessCoachLahore]

So what you learned in your university after giving fee in 5digits

[@mamba0011]

@@BusinessCoachLahore nothing

[@lewyathan]

@@BusinessCoachLahore that morons like yourself can stfu and sit in the corner.

[@zeilltesoro2253]

Supply Chain Management is the management of the flow of goods and services includes all processes that from raw materials into a final product. Supply Chain Management also is a cycle from supplier, producer to customer. As we can see in the market there are supplier,producer and customer. Supplier is the one who supply raw material for a certain product and the producer is the on who produce to customer. Thank you for uploading this video we learn a lot.

[@robeyorlandez8613]

Suppy Chain Management we all know in one of the most important aspects of business. Supply Chain Management it is believed that supply chain is one such area in the organization which can provide a lot of complete competitive advantages to a particular organization , supply chain is strategy planning and operations. The best definition I went through ever role of supply chain management is proper integration of demand and supply, In consumer example is you have to spend time looking at now your suppliers are communicating with partners . We want to build a trusting relationship to a partnership where you can both agreed upon basic standards of operations. In supply chain management of the flow of goods and services involved the movement and storage of raw materials of work in-process inventory , on the most basic level the purpose of supply chain management is to make inventory readily available in costumer facing position to fullfill demand . Thanks for this video:)

[@robeyorlandez8613]

@@cookie1271 class po 😂

[@robinnaanjilkk5920]

Hi Mam

[@victoremmanueljrgozon2994]

Based by this video, it informs us more about what is the Supply Chain Management and how it works. This video also tells us that it is very important to know how Supply Chain Management works in order to exceed in business if you are in one or be knowledgeable about the process on how Supply Chain Managements works if you're a customer. Example is from the start of the video from (1:05 - 1:54) it tells us that how supply chain management basically works. From sellers to producers up to consumers. By this part of the video basic consumers already are knowledgeable about this and this helps a lot of people already. By the start of the 2nd minute (2:00) the video tells about different strategies on how to approach on supply chain management, and also tells about the different flow in the supply chain which gives a lot of information which is really useful when you are studying supply chain management. And by (3:52 - 6:05) the video gives more examples on how the supply chain management works step by step. This part of the video helps the viewers understand more on how things are made/produced, and how the process of everything works. this is really helpful because it makes the viewers understood better. The rest of the video shows the two types of supply chain managements (Vertical Integration & Horizontal Integration). The video also tells about the pro's and con's of these two kinds of supply chain management. This video is really helpful and contributes a lot to the society, everything was explained clearly and precise. If the viewer of this video would watch every second of it, then he/she would understand and be knowledgeable about supply chain management. It was all easy to understand thanks to the clear explanations of each topic that was stated.

[@sheenagrasuta1040]

Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It consists of supplier, producer, and the customer. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace.

[@lettymajoro4798]

Can I ask

[@RandomlyBlissful]

Pliz see my channel and give suggestions 🙏🙏🙏

[@s.k.mishra4112]

True answer good

[@babumadiwalar8489]

❤

[@deangreen7135]

😊😊

[@mqureshi1215]

This video taught me more on Supply Chain than my three years of uni and countless mundane books I have gone through. Thank you!

[@michellevitor2585]

Supply chain management is the management of a network , used to deliver products and services from raw materials into finished product and cash. It includes the movement and stores of new materials working in process to create a variety of products for the customer. To illustrate the supply chain management, it uses the three (3) entities which is the supplier, producer and customer who receive the final output of raw materials.Without these entities, the process will not going to be easy it needs deep understanding towards the flow of information of a business. Different strategies are being used in this .SCM enables companies to better manage demand, keep cost to minimum and control all flows of information of a business. Thus, the concept of supply chain management runs throughout the supplier, producer and customer back in fourth.

[@jhajairrabuslon5269]

Supply Chain Management the management of the flow of goods and services and includes all process that transform raw materials into final product. The basic supply chain for product is a product with one supplier and one customer that connect the four basic flow entities together which is the primary product flow, primary cash flow, information flow and reverse flow. Two types of SCM the vertical integration and horizontal integration. The Benefits of vertical integration is control, no dependency and synchronized, and the horizontal integration is economies of sale and scope, focuses on particular business and know their market well. Stages of Supply Chain Management Evolution. (1) Multiple Dysfunction, (2) Semi-Functional Enterprises, (3) Integrated Enterprises, (4) Extended Enterprises. This video is a very use full and we can learn a lot about the SCM and its operations.

[@ricotarol6709]

In this presentation it talks about the supply chain management that uses in the aspect of businesses. It helps us to know what are the possible process in running a business such as the flows of supply. The example of supply chain is wholesale food distributors, producer, and the customer which is the one who will mostly gives benefits to the supplier. And lastly in this video gives us an info more about supply chain management. Thank you for this video.

[@jessasoliva7455]

Supply Chain Management take much consideration to effectively understand and manage the processes. Even ensuring timely handoff from manufacturer to supplier to shipper to buyer is a massive task, but to do it cost effectively and build net value is truly a challenge. Talking about strategies it makes chain totally well managed. But, the author’s think and learning more on the benefits of the two integration, the value of vertical and horizontal is hard to justify, it almost makes more sense to outsource the well manage efficiency. When learning out of it, author’s state about the stages of supply chain evolution because through it all some companies sheltered from changes so they are less advanced, took some advantage changes and more advanced changes. We the listener understand the topics have been reported because the author represents a well explained presentation. Creating a growing edge between consumer’s expectations and the supply chain is the ability to deliver goods. As a result, supply chain management aids in the end to end process of the business and is indeed a backbone that supports major activities. Good supply chain management keeps companies out of the headlines and away from expensive recalls and the consumer can receive a good high quality product.

[@jeanjacquesetame3352]

This video helped me understand what is supply chain management. I learned that supply chain management is the management of goods and services involved directly or indirectly in fulfilling customer requests (needs). I also learned that there are 3 supply chain management (stable, reactive, efficient). Four flows were distinguished in supply chain management: information flow, primary product flow, primary cash flow, and reverse product flow. Very exciting course.

[@musman6270]

oay anni ma dya bachya ay teno course lagan dya ay 👍🏻

[@lunamemoir7154]

This video shows the managment of the flow of goods and finances related to a product or service, also, includes the process that transform raw materials into final products. As a student, the video really helps us to understand the Supply Chain Management. Thank you for uploading this video.😁

[@jeaxstephanie160]

Supply chains solve complex problems. And in the company of supply chain professionals, we use big words and complicated terms to talk about it, but this kind of informations help us to understand more about Supply Chain Management (SCM) from knowing the basic SCM: Seller, producer and customer, Strategies on how to get SCM, Flows in Supply Chain, SCM Corporate Model, Supply Chain inn services, SCM's Vertical and Horizontal Integrations and their benefits, Stages of SCM Evolution. This serves as a good info to everyone who wants to know about more on business stuff.

[@francisgeneauguis8301]

In this video we can understand how Supply Chain Management works. These are the topics: A Global Network, A Basic Supply Chain: Seller, Producer, Customer, Strategies: Stable, Reactive, Efficient-Reactive Flows in Supply Chains, Corporate Supply Chain Model, Supply Chain in Services Supply Chain Management: Vertical and Horizontal Integration Benefits of Vertical and Horizontal Integration, Stages of Supply Chain Management Evolution, What is Supply Chain Management? So Supply Chain Management (SCM) is the flow of goods from point of origin to point of consumption which means this strategy is efficient in business since it makes the distribution easier. So what makes the flow of SCM? These are Raw materials, producer, distributor, retailer, and customer. Raw materials: are the materials being used by the seller to produced crafts and goods Producer: this is the one who are making the products to sell to their valued customers Distributor: The one who’s delivering the products to a retailer Retailer: So this is a person/store that sells goods to the public in relatively small quantities for use or consumption rather than for resale Customer: This is the final flow which means the product has reached into the customer who’s the consumer. There are three strategies: Reactive, Stable, Efficient Reactive There are also 4 flows in supply chains: Information Flows, Primary Cash, Primary Product Flow, and Reverse product Flow. There are also two types of SCM: Vertical Integration and Lateral or Horizontal Integration In conclusion, indeed Supply Chain Management helps a lot in business area and is so efficient. It also helps the manufacturer reach the product to its customer easily with the help of this strategy. Please watch the video thoroughly for further explanation and understanding. Thank you for the wonderful video, I’ve understand well the Supply Chain Management.

[@lorrengalindez9653]

The Supply Chain Management (SCM), is the management of the flow of goods and services that involves movement and storage of raw materials, of work-in-progress inventory of unfinished goods from point of origin to point of consumption. Although it has the same goals as supply chain engineering, supply chain management is focused on a more traditional management and business based approach, whereas supply chain engineering is focused on a mathematical model based one. In the video I noticed a flaw the author mentioned about. The video is of good quality yet the first sentence was actually misleading because a supply is not a "global network". In recent years, Supply Chain Management has gained greater attention from academics and managers concerned to improve process efficiencies; and take best advantage of information technology and inter-organizational networks and relationships. And this is also one thing the author did not clearly state. But generally, SCM is a great way to acknowledge the importance of business such that it helps creating stronger companies for the world.

[@RandomlyBlissful]

Pliz see my channel and give suggestions on supply chain management 🙏🙏🙏🙏🙏🙏🙏

[@johngatyielectronicgatyiel4889]

This is very powerful lecture on logistics and supply chain,its really reflects the international standard

[@26omarali]

@Garrett Modesitt k

[@notact4102]

Explain what was powerful about the lecture?

[@shiellamariepasadillo6699]

The supply chain management is the management of the flow of goods and services. It is the raw material turn into finished products. It is in the market place that involves supplier, producer and the customer. The supplier is the one who sales the product. The producers are the one who receives components from sellers and the last one is the customer is the one who receives the finished product and the one who consume the product. Without supplier, producers and the customer there is no supply chain management happening in the market place.

[@RandomlyBlissful]

Pliz see my channel and give suggestions on supply chain management 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏

[@may5280]

When I’ve read the words “Supply chain Management” what came up to my mind is that, it talks about the process of producing and distributing products to the market or how the supply was being made and distributed. What I’ve only knew is that, there are only two entity in supply chain management, the seller and the customer. As long as there is a producer and a customer, it made up the supply chain management. That’s is what I’ve thought before watching this video. This video helped me to deepen my knowledge and understanding about supply chain management. Now I know that there are three (3) basic of supply chain management which are, the seller/supplier, producer, and the customer. In supply chain, I realized that the seller must be first to recognize because without the seller, there would be no goods/products or service to produce, sell to the customer. Supply chain is also like a cycle of product and money as shown in the video how the primary information flow, primary cash flow, primary product flow, as well as the reverse product flow. This enable me to know that there are two types of supply chain management; Vertical Integration and Lateral or Horizontal Integration. Hence, I was able to analyzed which one is better, more essential, effective and excellent. I am very much convinced and impressed how the author presented this topic. He doesn’t just discuss the ideas, rather he very well illustrated it. The pictures helped me to easily understand the points of the author. I have nothing to argue with the author because I’ve learned a lot from it. Overall, I’ve learned that supply chain management is the management of the flow of not just the goods but also services which includes the movements and storage of the raw materials working across to producers to made up a product. Thank you so much for the very informative and educative explanation of Supply Chain Management.

[@marieannsajulga2713]

We all know that all materials that we've been using now is part of our lives and it is not useful when it's not totally done, and some of foods that we've eat is not edible when there is no having a proper procedure. That's why Supply Chain Management was the management that will help us to meet our expectations and demands. Supply Chain Management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It represents a conscious effort by the supply chain firms to develop and run supply chains in the most effective & efficient ways possible. The author successfully well narrate the topic by describing an extended approach to supply chain management by exploring some of the more prevalent definitions. Supply Chain Management is becoming the next league drive for improving the performance of organizations.

[@frankfernandez8716]

A supply chain is a global network and also supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final product. It involves the active streamlining of a bussiness supply-side activities to maximize customer value and gain a competitive advantage in the market place. Supply chain management is focused on a more traditional management and business based approach. Businesses combine in the provision of products and services required by end customer in a supply chain. Example: The Flywood company is the seller and the hardware is the producer and the people who buy to supply the equipment they needs are the customer. The product goes to the customer and the money goes to seller. THANK YOU FOR THIS VIDEO

[@jossiemayakie6868]

So basically (SCM) Supply Chain Management is an integral part of most business and is essential to company success and costumer satisfaction. As what I have understood in the video (SCM) is the management of the flow of goods and services and includes all processes that transforms raw material into a final product. But the question is how effective SCM really is? Do SCM guarantee the success of a company if one uses this management? And will it really give the company a competitive advantage? Well in my opinion it is better to understand what SCM really is before one engage into it. And oh, thank you for the video at least i learn a bit of how Supply Chain Management works.

[@MinH-ry9dn]

it's a part of an ongoing business, a business does not work without SCM, so it's not about how effective it really is. I think it's more about how important it is and how to make it most efficient

[@mylencapangpangan3083]

Supply Chain management can be defined as the management of flow of products and services, which begins from the origin of products and ends at the product's consumption. It also comprises movement and Storage of raw materials that are involved in work in progress, inventory and fully furnished goods. So, the purpose and goals of supply chain is indicate that is a complex undertaking that extends beyond the scope and capabilities of a single organization. Significant effort is needed to build and maintain a supply chain network. This involve a tremendous action list that requires expertise, time, and money establishing strategies, building relationships and investing in capacity. Supply chain management attempts to create a "virtual" vertically integrated channel, which is composed of severel "owners" and provide a seamless delivery of products and services. Manufacturer relationship with suppliers include both product suppliers and services suppliers transportation.

[@hymaiamondia4938]

Supply Chain Management is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination. Although many people equate the supply chain with logistics, logistics is actually just one component of the supply chain. Today’s digitally based Supply Chain Management systems include material handling and software for all parties involved in product or service creation, order fulfillment, and information tracking such as suppliers, manufacturers, wholesalers, transportation and logistics providers, and retailers. Supply chain activities span procurement, product lifecycle management, supply chain planning. Supply Chain Management can also extend to the activities around global trade, such as the management of global suppliers and multinational production processes.

[@naimaima1098]

This is the best video I’ve ever watch about Supply Chain it’s so informative.Thank you so much for all this helpful information.🙏

[@markuchiha9181]

I am studying Microsoft Dynamics 365, done reading all the stuff in MB 330 Supply Chain Management Functional Consultant Exam.. Thank you uploader, this video gave me an overview and renewed my insights on what really I am studying about.

[@zukozenani877]

This is the best video I’ve ever watch about Supply Chain it’s so informative.Thank you so much for all this helpful information.

[@ElliotBrownJingles]

This video is exactly what I needed in my life right now. All I can say is: thank you. Thank you.

[@chloealsop3090]

Great explanation and extremely helpful. Your lectures are motivating me to enroll in your Master Diploma in Supply Chain (MDSC) program :)

[@AIMSEducationUK]

Hello Chloe. For details on our Master Diploma in Supply Chain Management (MDSCM) program and to enroll, please visit aims.education/supply-chain-management-diploma/

[@petert.2727]

@ AIMS Education, UK I find the terminology used confusing at the initial part of your presentation. 1:30 If we would not use business models but ask the common man who he considers "seller", he would say "the entity I buy my product from". The "producer" would be considered as the entity producing the goods/services that then can be purchased via an intermediary seller, like retail. These are commonly accepted terms for the lifecycle of a product, as something can only be sold once it has been produced. In other words, in layman's terms "producing" would preceed "selling", not the other way around. One could argue that manufacturing end products cannot be done without first "buying" the required parts and therefore parts sellers ARE the "seller", but the same applies to selling the end product to the end consumer, doesn't it? Selling and buying are both activities performed at every step of the supply chain, so hardly a good choice to use the same terminology and appoint it to a single entity in the process. Likewise, "production" can be both producing parts for the next company in the chain producing a product (e.g. a bike component manufacturer sells ready parts that a bike manufacturer buys for assembly of the bike), so "producer" can of course be interpreted freely there as well. Which makes for a challenge in using the right terminology. So it is all in the aim of the educational process on identifying the participants in the supply chain. The more understandable in layman's terms however, the easier it is to avoid confusion. Now, a supply chain is a complex matter and therefore there is hardly ever only three participants, as illustrated in the video, i.e. those who deliver the materials, those producing the end product and those buying them. So it all depends what level of complexity we want to show. 1. If the aim of the example is to simplify the process, then I would prefer to see the terms "manufacturer" (or "supplier"), "seller" (better still: intermediary, as this leaves open the extent of adding value) and "customer". These are easiest to identify in layman's terms, as in the end the raw material lands with the final user and there's added value inbetween. 2. If the aim is to expand on complexities of a theoretical model by explaining the sub-steps (such as, how can a product be manufactured when we are missing the step of acquiring the raw materials), then one could either fill all steps between original raw material provider(s) and end consumer by using "intermediary 1", "intermediary 2", etc. as any number of entities that can add value by either manufacturing or producing, or one could simplify by adding only a fourth intermediary between the original material provider and the seller of the goods, namely the manufacturer. 4 players then: Supplier - Manufacturer - Seller - Consumer. Raw material from the original provider (harvester/processer/producer) gets used by the manufacturer to create a product, which is then sold by the sales entity to the final customer. 2:03 You totally lost me there. I do not see a clearly defined difference between mentioned strategies and consider them all the same type, the difference rather being a difference in competence of managing the chain. These are not mutually exclusive however. For example, salt production is mentioned as "Stable strategy". Arguments used are e.g. "no need for real-life information", which would not require it to be classed as "Reactive". Well, if salt manufacturers were not constantly aware of determinants of market forces influencing the supply of their manufacturing process (top of my head: climate effects on seabeds, oil price fluctuations with no fuel hedging influencing bulk raw material transportation cost to the refinery, labour cost fluctuations due to governmental/union regulations, competitive cost efficiency changes, etc.), then they would quickly go bankrupt in a free market economy or new entrants grab market share due to more advanced real-time market/process information. So despite taking a very simple example, it already shows that there is no such thing as a "stable" strategy in a changing and interdependent environment. What the video probably tries to explain is a difference in COMPETENCE. The lower the awareness for the complexities and the less effort put into monitoring these dependencies, the more "simple" it seems to manage a process and to assume that it is a "stable" process. But that is anything but a strategy, it is rather a lack of competence or resources to invest in properly managing the process. Also, most of the points mentioned here are interchangeable between the "strategies": since when does fulfilling demand from trade partners not apply to the salt industry? If the market trends necessitate a change of sourcing of salt (e.g. less ecological harm via salt mines pushes for a shift towards sea salt extraction, or the other way around for that matter when other means of extraction get preference for whatever reason), a manufacturer/corporation better adjust to those needs prompty, lest it loose market share. A simple change in market demand, like cooking style influencing type/refinement of salt, policy changes in using salt for winter road application, etc., can easily make major changes influencing the whole of the supply and manufacturing process of a salt company, whether it's only an intermediary or producer. I feel like the theories in this video regarding mentioned "strategies" are built around competencies and complexities of respective business fields, rather than real differences in theoretical approach. These competencies however are not inherently different strategies within the field of SCM, but rather the broad field of management. Adaptability as a keyword comes to mind. The more adaptable a corporation, the more complexity it can handle. It would have been more fortunate to scale the "extent of adaptability" and put the so-called "stable strategy" on the lower part of the scale and name it "less adaptable", while the higher the adaptability, the more we move on the scale towards "efficient reactivity". The writers already show this implicitly: "reactive" vs "efficient reactive" is nothing more than scaling a term of quality. With all due respect, I also think that the makers of these theories are not familiar with basic business theories, specifically supply and demand. "Reactivity" as described in the video is not a strategy, but is basically meeting customer needs, in other words an inherent part of any (business) transaction. It is no rocket science that a salt manufacturer meets customer needs, just like a football T-shirt manufacturer company does. just like a shopping mall. The differences are just as much as the similarities, as in all walks of life and business: none are identical, but none differ in basic approach either. In practice the market may be different, the complexity and challenges may be different, but the process as described decades ago by economists like Kotler are exactly the same. The only difference is how well the process is executed, how applicable the used tools/methods are to this end and how the change of market mechanics, like increasing technological progress influence the methods, but the process fundamentally remains the same. Not sure if I'm shaking the tree now in fundamentals with large consensus, but I would appreciate to see links and source material (i.e. scientific publications for reference) on how this video came to the conclusions depicted, particularly the section I mentioned, on "strategies". As we know, in all science, whether mathematics, economics or specialty fields within, everything is built on theories. And theories are ideas worth discussing, in my opinion.

[@DrTinKorea]

That's an in depth lecture on SCM. The video makes for a complete understanding of what SCM basically means.

[@douglasehiabhioko-oboh4105]

Very simplify and straight to the point.

[@haykuhiiananian567]

Thank You for the insightful lesson! Greetings from Armenia!

[@wanderingfido]

7:39 The figurine clinging to the leg of the other humanoid is hilarious. Good job.

[@jeniciltiempo5224]

Supply-Chain Management(SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.Supply Chain Management it is the oversight of materials, finances, and information when they move from the supplier to manufacturer to wholesaler to retailer and finally to the consumer through a predefined process.Based on my own understanding, Supply Chain Management or SCM is one of the key or hints use in order to make the business fast growing because the more the business is well manage,the more the business fast growing.

[@satishchokka2129]

Supply chain management is a flow of network used to deliver the goods and services from point of supplier to point of end user which includes a business activities like flow of material,procurement,manufacturing, distribution,warehousing,logistics,flow of information,technology, marketing etc., to satisfy the consumer needs. we can call it as " The management of Chain of Supplies"

[@thomasmakayi3097]

The lecture is so enriching, i have now understood what supply chain is all about.

[@AIMSEducationUK]

Dear Mr. Makayi: Thank you for your feedback

[@jayveecastrodes6560]

Supply Chain Management it means that a process of goods with raw materials serves to build a strong definition of business. It shows the value that in every customer there's a choice that you may need it. It is the satisfaction of one customer towards their target. Besides, supply management is important to our society, especially its the primary way of business. As well as the seller which may provides the people's needs. Producer, is production of goods. Customer is where the distribution occurs. As a whole, there's a big reasons why SCM is created. It's because it gives the people an unlimited production into the world. Aside from that, it contributes the growth in our society.

[@gellemaegacal7039]

Supply chain management talks about on how to manage your products and services to the customer. It also includes the flow of your goods and services and aside from that, this management process the raw materials into the final product. The strategy can also applied - strategy on how you are going to plan, implement, and control the operation of the supply chain. It shows what is the meaning of supply chain, basic supply chain, strategies, flows in supply chain and etc. It also indicates the basic example of supply chain for us to easily understand its definition. In this video, you can gain more knowledge and information all about business.

[@mondejarramesesreyjary1518]

SCM is based on the idea that nearly every product that comes to market results from the efforts of various organizations that make up a supply chain. Although supply chains have existed for ages, most companies have only recently paid attention to them as a value-add to their operations. A supply chain is the connected network of individuals, organizations, resources, activities, and technologies involved in the manufacture and sale of a product or service. A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer.

[@jeanjacquesetame3352]

The video on supply chain management shows that supply chain is a global network where many entities are involved. Raw materials are transformed into end products delivered customers according to their requests. The collapse or non efficiency of one of these entity (chain link) can cost time and money to a company. That's why the supply chain management is very important in order to rationalize activities and reduce unnecessaries expenses.The presence of supply chain management in a company is a garanty for more competitiveness of that company. Data are regularly analyzed on the base of indicators that help to take accurate decisions.

[@crownkrona3861]

Perfect. I learned so many important new concepts.

[@sulaiman9320]

Supply Chain Management is moving goods from supplier to manufacturer to 3pl warhouse for storage and repacking ,then ship out by land ,sea or air ,to consumer and end users

[@marvejenpagoyo3112]

A supply chain is a kind of management that helps to promotes the needs of the human being in the society. For in which, it gives satisfaction to the customers to select their best choice. Aside from that, it is a distribution to the market in to the business. As what mentioned above, supplier is the who control the sales of product. In a way of providing goods and services, there are some ways to do an effective work to the business. It's the ability to become an open-minded person. To become flexible and enable to set a plan before going to work. Just like an example of this is a new build real estate, it starts with a planning decision first on how to construct the buildings, within this the designer choose the best design that is highly unique that will attracts the eye of the people. The seller perform their role that usually provides the raw materials. Producer, the main who can produce consumer to the seller. Lastly, the customers is the who can receive the finished product. In terms of customers, it denotes the higher expectation, the best it is. In conclusion, supply chain management has a wide range of value in the business. For some it shows the wonderful creation,in order for that to use our knowledge to help grow our society. As well as, there are some difficult situations that is needed to be handled, with a strong build of mind especially in handling strong decision making to achieve the goals and taking risks in life.

[@garrygao345]

very great lecture, it does help me much to better undersand how does the supply chain runs . :)

[@jennvymendez1437]

Supply Chain Management is suppose to be found at Supplier , Producer and Customer that uses any different strategies but both used as a primary product flow. According to William Stevenson global markets are expanding beyond borders and re-defining the way demand and supplies are managed. Global companies are driven by markets across continents. To keep the cost of manufacturing down, they are forced to keep looking to set up production centers where the cost of raw materials and labor is cheap. Sourcing of raw materials and vendors to supply the right quality, quantity and at right price calls for dynamic procurement strategy spanning across countries. In the study of Supply Chain Management as what I observe to the video is there are centriods has become an important economic consideration. Which found at high proportion of manufacturing country. In addition management components or increasing the level of each components can increase level of intergration of business process. I conclude that the organizations are increasingly find that they must rely on effective supply chain or network , to compete in the global market and network company. Thankful for this video that help me to comprehend what is the Supply Chain Management (SCM).

[@stylelife9278]

Thanks y ou .The video was really useful . For my ☺️ exam...

[@ponchom5152]

Very good video, I like it. I learn english and for me I help me to practice. Great!.

[@hindz9173]

Supply Chain Management is the management of the flow of goods and services includes all processes that from raw materials into a final product. Supply Chain Management also is a cycle from supplier, producer to customer. As we can see in the market there are supplier,producer and customer. Supplier is the one who supply raw material for a certain product and the producer is the on who produce to customer. Hind Alzarah

[@jacquesminani4424]

very intersting to know all about the supply chain Management

[@ellie3493]

In the supply chain management, we need extra cost control and improved ease of logistics and transportation in all aspects, even the control of procurement costs. So the selection and sustainability of suppliers is very important, of course, to determine the good or bad of a supplier, you can let a third-party inspection company to answer for you, such as: AQI services

[@jeanjacquesetame3352]

Hi your view point is accurate according to me. The overall result is the satisfaction of the customers and also the satisfaction of other entities that act to gain benefits. The equilibrium has to be found. Good planification (good strategy, good indicators, needs well defined), good selection of suppliers, standard production and distribution, competitivity can help achieve this goal.

[@signature7121]

SENSATIONAL... THANKS FROM SOUTH AMERICA

[@uniqueworld6568]

thats grt, i loved it, i was very confuse about supply chain, u well clear it, many thanks to u

[@esperanzacape6782]

Supply chain management is a highly-detailed system used by small and large organizations alike to get products to consumers, from obtaining raw materials, manufacturing, and delivering the final product to the customer. It has become an integral part of business and is essential to any company’s success and customer satisfaction. Supply chain management has the power to boost customer service, reduce operating costs and improve the financial of a company. In this video it helps us to identify the strategies and the processes of SCM and we will be able to apply in accurately in the future.

[@stephenchimutsa7874]

The reactive strategy is very much an asset to my day to day operations

[@thealignmentor]

Nicely explained. This video is recommended

[@harleensodhi1678]

You are really a good mentor

[@supplychainlogisticstv]

Hi, This is a nice video with a good explanation. Thank you very much.

[@himanikaushik4582]

This is very good explanation and ver helpful for me......thank you sir

[@charlenesmallwood2984]

Yes! It is informative, and has basicmatic information for Logic logistics chain management.This compelling topic help me pass my courses

[@vitonguyen7914]

love it! very simple for understanding ... Thanks from Vietnam!

[@razwanabdullah2745]

Very nice lecture and simple to understand. Thank you so much

[@dashi4660]

This video was very helpful, thank you!

[@ryanpresbitero6028]

A supply chain is a global network, used to deliver products and services, from raw materials to end customers through an engineered flow of information, physical distribution and cash. This video we can understand how supply chain management works and this video discuss any kinds of topic included in supply chain like a global network, a basic supplay chain, seller, producer, customer, reactive, efficient-reactive, model, verticak and horizontal integration, management evolution. .

[@simranmehra6592]

Very very very good explanation..👏👏👍🙏

[@aquaticsplashes]

@10:49 just kind of left us hanging with a new term without going in depth... corporate wall? and business process management vs compartmentalized functions?

[@markdocuyanan1534]

SMC is a very essential network of bussiness and people that work together to move raw materials or services into a finished product and consumed by us customers. It is the active integration and coordination of all supply chain activities to provide you, the customer, with the best value. Providing you with the best value means providing you with a quality product for a reasonable price. Companies are able to provide customer value by coordinating the efforts of every activity involved in their supply chains internally as well as externally among supply chain members. For instance, that you love shoes. Your desire to acquire shoes sets off a chain reaction. You either go to the store or shop online to get the shoes you want. The retailer obtains the shoes from the distributor. The distributor gets the shoes from the manufacturer. The manufacturer gets the raw material from someone else. So all these people, businesses, and processes are linked together. They are part of a supply chain that begins with you. Thanks for the video.

[@ntcuong01ct1]

I have a question: How many methods calculate the service level for supply chain?. What's the relationship between the service level and the stock level?.

[@shairaaltheavillainpaynor2018]

Thanks for this presentation!

[@ntcuong01ct1]

Hello friends, I want to confirm a question: 1 / I have a supply chain like this: Supplier -> Company -> Distributor-> Outlet-> Consumer. Question: I want to calculate the supply chain turnover of the entire chain, what formula will I use ?. Thank you.

[@peterchua9952]

Curious why you switch from referring to Horizontal Integration to Lateral Integration. I am assuming these terms refer to the same concept?

[@tharindusrimal609]

Very very informative and constructive.... 😍😍😍🤗

[@zairhenbinanatali7402]

I love this beautiful lecture and thanks for this video sir..,

[@shaniqbal5567]

Very helpful video ☺ ☺

[@Spread_Islamic-Content]

Best lectures understandable and excellent

[@richardadamwais9734]

thanks it was so comprehensible lecture

[@tendekayimarimira952]

This is precise and educative

[@supplychainsants]

Good information about SCM

[@anhnguyen4695]

Very good and funny videos bring a great sense of entertainment!

[@nehajoshy4858]

Great informations 👍🏻

[@ammarhafeezmughal376]

This is very good supply chain management its very easy to understand love u so muxh

[@sherahmed774]

good enough to understand SCM,and was a much good exlanation

[@minion_things]

Sir any job vacancys

[@firasajeel968]

Good, can prepare please a video for SMC applying in the IT engineering industry ?

[@mohamedabikar4377]

THANKS FOR YOUR HELP

[@10minforsupplychain]

Great Video 👍

[@taapobvirakare801]

Very good and informative. Keep up the good work.

[@zeldahill8111]

wow I enjoyed this very informative ,the 7 R'S new learning for me

[@sakjeelani777abdul6]

It is a clear information about scm.good

[@godswillamadinsirim6236]

Great. Quite insightful.

[@emmanueloseigyamfi6939]

Very resourceful

[@marygracetaghap9046]

Supply Chain Management of the goods and services that includes the processes that transform materials into a final products. It is a process used a companies to ensure that their supply is effective. This video teach us the process on how Supply chain management works. It can help us a lot, and it can gain more knowledge about how to process their supply. It enlighten us the different ways which gives a lots information that can help us to become more responsible on how we apply it when it comes in business.

[@mitradwivedi8789]

👌

[@rithanyasreek928]

Supply chain means manufacturer to consumer transformation of goods and services.... But what is the difference between supply chain and distribution channel ...? Plz explain

[@lvteachme973]

Great video!

[@hrishikeshbedre2097]

That's a full Certificate course on Supply chain management in a nutshell 👍✌️

[@ntcuong01ct1]

Dear Friends, I have a question: What's customer service in supply chain?, Customer service is calculated and measured from?. Could you help?. Thank you.

[@ismailnassar4103]

More than Excellent. Can you pls allow me to use some of this in preparing my ppt?? Aims Eduction - UK

[@jaisonjose6921]

let me know its relevance in the present scenario please....at present most of the trades running on the e-commerce platform.i presume traditional general trade will not be there in the future, so, is it worth to do a professional course in this stream, please?

[@eyensundari4517]

Thank you 🙏

[@tanyakonsultan]

Thank you for your sharing

[@gsiyoum]

Thank you So much