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MIS in Supply Chain Management

Supply chain management involves the coordination of suppliers, factories, warehouses, and stores to efficiently produce and distribute goods in the right quantities, locations, and times. The goal is to minimize costs while meeting customer needs. Supply chain management strategically coordinates traditional business functions like procurement, operations, and logistics both within and across companies. It helps smaller business units work together through interconnected networks to deliver value to customers. Benefits of supply chain management include reduced costs, improved customer satisfaction, inventory savings, and enhanced operational performance.

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155 views

MIS in Supply Chain Management

Supply chain management involves the coordination of suppliers, factories, warehouses, and stores to efficiently produce and distribute goods in the right quantities, locations, and times. The goal is to minimize costs while meeting customer needs. Supply chain management strategically coordinates traditional business functions like procurement, operations, and logistics both within and across companies. It helps smaller business units work together through interconnected networks to deliver value to customers. Benefits of supply chain management include reduced costs, improved customer satisfaction, inventory savings, and enhanced operational performance.

Uploaded by

Agustin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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MIS

in
Supply Chain Management
INTRODUCTION
Supply chain management is concerned with the
efficient integration of suppliers, factories,
warehouses and stores so that merchandise is
produced and distributed:
– In the right quantities
– To the right locations
– At the right time

In order to
– Minimize total system cost
– Satisfy customer service requirements
WHAT IS SUPPLY CHAIN
MANAGEMENT ?
Supply chain management is the systemic,
strategic coordination of the traditional
business functions and tactics across these
business functions - both within a particular
company and across businesses within the
supply chain- all coordinated to improve the
long-term performance of the individual
companies and the supply chain as a whole.
In a traditional manufacturing environment,
supply chain management meant handling
movement and storage of raw materials,
work-in-progress inventory, and finished
goods that start from point of origin to point of
consumption.
This supply chain management helps in
managing smaller business units through the
interconnected network, the channel networks
that takes place in producing a merchandise
of a service package which are required by
the end users or customers. This is the
process of supplying goods and services in
order to maximize the customer value and
also focuses on the competitive advantage in
the market.
SCM consists of:
 operations management
 logistics
 procurement
 information technology
 integrated business operations
Objectives of SCM

 To decrease the cost of investment by


predicting the demand accurately and
scheduling production in order to match it.
 Reduction in the overall production cost by
streamlining production and by improving
information flow.
 To improve customer satisfaction.
Key Features of SCM
Scope of SCM
SCM Processes

 Customer Relationship Management


 Customer Service Management
 Demand Management
 Customer Order Fulfillment
 Manufacturing Flow Management
 Procurement Management
 Product Development and
Commercialization
 Returns Management
Advantages of SCM

 SCM have multi-dimensional


advantages:
 To the suppliers:
 It helps in giving clear-cut instruction
 Transferring of data through online to reduce
paper work
Advantages of SCM

 Inventory Economy:
 Low cost of handling inventory.
 Low cost of stock outage by deciding
optimum size of replenishment orders.
 Achieve excellent logistical performance
such as just in time.
Advantages of SCM

 Distribution Point:
 Ensure that the distributor and the whole
seller reach the right products at the right
place at right time
 Clear business processes subject to fewer
errors
 Easy accounting of stock and cost of stock
Advantages of SCM

 Channel Management:
 Reduction in total number of transactions
required to provide product assortment
 Organization is logically capable of
performing customization requirements
 Financial management:
 Low cost
 Realistic analysis
Advantages of SCM

 Operational performance:
 It involves delivery speed and consistency.
 External customer:
 Conformance of product and services to
their requirements
 Competitive prices
 Quality and reliability
 Delivery
 After sales services
Advantages of SCM

 To employees and internal customers:


 Teamwork and cooperation
 Efficient structure and system
 Quality work
 Delivery
Reference

https://www.tutorialspoint.com/management_i
nformation_system/supply_chain_manage
ment.htm

https://www.futurismtechnologies.com/blog/5-
features-of-supply-chain-management-
software/

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