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About Supply Chain Management (SCM)
Core supply chain management information sources supporting daily operational decision making.
Defining Supply Chain Management
Institute of Supply Chain Management (ISM) defines supply chain as:
The identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives.
ISM field research reveals that the scope of supply management integrates across fourteen components:
- Disposition/Investment Recovery
- Inventory Control
- Manufacturing Supervision
- Materials Management
- Product/Service Development
- Strategic Sourcing
For more information see Supply Management Defined (January 2010)