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In commerce, supply chain management (SCM) deals with a system of procurement, operations management, logistics and marketing channels so that the raw materials can be converted into a finished product and delivered to the end customer. A more narrow definition of the supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".This can include the movement and storage of raw materials, work-in-process inventory, finished goods, and end to end order fulfilment from the point of origin to the point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.
Logistics is a part of supply chain management that deals with the efficient forward and reverse flow of goods, services, and related information from the point of origin to the point of consumption according to the needs of customers. Logistics management is a component that holds the supply chain together. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items.
Logistics engineering is a field of engineering dedicated to the scientific organization of the purchase, transport, storage, distribution, and warehousing of materials and finished goods. Logistics engineering is a complex science that considers trade-offs in component/system design, repair capability, training, spares inventory, demand history, storage and distribution points, transportation methods, etc., to ensure the "thing" is where it's needed, when it's needed, and operating the way it's needed all at an acceptable cost.
A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products which are later distributed to end consumers or end customers. Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient manner.
A management information system (MIS) is an information system used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context.
A warehouse management system (WMS) is a set of policies and processes intended to organise the work of a warehouse or distribution centre, and ensure that such a facility can operate efficiently and meet its objectives.
Reverse logistics encompasses all operations related to the upstream movement of products and materials. It is "the process of moving goods from their typical final destination for the purpose of capturing value, or proper disposal. Remanufacturing and refurbishing activities also may be included in the definition of reverse logistics." Growing green concerns and advancement of green supply chain management concepts and practices make it all the more relevant. The number of publications on the topic of reverse logistics have increased significantly over the past two decades. The first use of the term "reverse logistics" in a publication was by James R. Stock in a White Paper titled "Reverse Logistics," published by the Council of Logistics Management in 1992. The concept was further refined in subsequent publications by Stock (1998) in another Council of Logistics Management book, titled Development and Implementation of Reverse Logistics Programs, and by Rogers and Tibben-Lembke (1999) in a book published by the Reverse Logistics Association titled Going Backwards: Reverse Logistics Trends and Practices. The reverse logistics process includes the management and the sale of surplus as well as returned equipment and machines from the hardware leasing business. Normally, logistics deal with events that bring the product towards the customer. In the case of reverse logistics, the resource goes at least one step back in the supply chain. For instance, goods move from the customer to the distributor or to the manufacturer.
The University of Zaragoza, sometimes referred to as Saragossa University is a public university with teaching campuses and research centres spread over the three provinces of Aragon, Spain. Founded in 1542, it is one of the oldest universities in Spain, with a history dating back to the Roman period. Prime Ministers Pascual Madoz, Manuel Azaña, Salustiano de Olózaga and Eusebio Bardají, the Nobel Prize laureate and father of modern neuroscience Santiago Ramón y Cajal, the Catholic saint Josemaría Escrivá and the Cuban national hero Jose Marti studied at this university.
The Eli Broad College of Business is the business college at Michigan State University. The college has programs in accounting, finance, human resource management, management, marketing, supply chain management, and hospitality business, which is an independent, industry-specific school within the Broad College. This independent, industry-specific school has 800 admitted undergraduate students and 36 graduate students not included in the college's totals.
The following outline is provided as an overview of and topical guide to management:
The Olin Business School is one of seven academic schools at Washington University in St. Louis. Founded in 1917, the business school was renamed for entrepreneur John M. Olin in 1988. The school offers BSBA, Master of Business Administration (MBA), MS in Supply Chain Management, MS in Finance, Masters in Accounting, MS in Business Analytics, MS in Leadership, Executive MBA, Doctor of Business in Finance (DBA) and PhD degrees. In 2002, an Executive MBA program was established in Shanghai, in cooperation with Fudan University and in 2017, along with IIT-Bombay started an EMBA program in India.
Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain. It helps businesses in product development, sourcing, production, and logistics by automating operations. In this way, it increases the physical flow of business as well as informative flow. The entire business benefits with higher performance, greater cost-efficiency, and thus increased supply chain efficiency..
Kuehne Logistics University – Wissenschaftliche Hochschule für Logistik und Unternehmensführung (KLU) is a private, state-recognized business school (Wirtschaftshochschule) based in Hamburg, Germany. It was founded by the Kühne Stiftung, based in Schindellegi, Switzerland. The contracting body is the Kühne Logistics University gGmbH. The non-profit foundation supports education and further education as well as research and science in transport and logistics.
The Naval Supply Systems Command (NAVSUP) is the United States Navy's supply command, providing the Navy and United States Marine Corps with supplies, services, and quality-of-life support.
Industrial engineering is an engineering profession that is concerned with the optimization of complex processes, systems, or organizations by developing, improving and implementing integrated systems of people, money, knowledge, information and equipment. Industrial engineering is central to manufacturing operations.
The University of North Texas College of Business is a constituent college of the University of North Texas in Denton. It is organized in five academic departments — (i) Accounting, (ii) Finance, Insurance, Real Estate & Law (FIREL), (iii) Information Technology & Decision Sciences, (iv) Management, and (v) Marketing & Logistics. The College also has six interdisciplinary centers — (a) the Center for NAFTA Studies, (b) the Information Systems Research Center, (c) the Institute of Petroleum Accounting, (d) the Murphy Center for Entrepreneurship (e) the Professional Leadership Program, and (f) the Center for Logistics Education & Research. The College awards Bachelors, Masters, and Doctor of Philosophy degrees.
LARG Supply Chain Management attempts to put together lean, agile, resilient, and green approaches in supply chain management. Lean supply chain managements aims are to maintain close to zero inventories and reduce work-in-process; Agile goes for quick responses to customer inquiries and market changes while controlling costs and quality; resilience is about reacting quickly to disruptions impacting supply chain; and green refers to sustainability in supply chain through low emissions to the environment and a recycling strategy for products.
The Malaysia Institute for Supply Chain Innovation (MISI) is a supply chain post-graduate school located in Shah Alam, Malaysia. The school was launched as a joint initiative between the Massachusetts Institute of Technology (MIT) and the Government of Malaysia on March 22, 2011. MISI is an accredited university with the Ministry of Higher Education, Malaysia, and offers post-graduate and executive education programs in supply chain management. All post-graduate programs currently offered are MQA certified.
Dr. Erick Christopher Jones Sr. is an industrial engineer and professor in the Department of Industrial, Manufacturing, and Systems Engineering at the University of Texas at Arlington. He is an expert in radio-frequency identification (RFID), quality engineering, and Lean Six Sigma. He is the George and Elizabeth Pickett Endowed Professor, as well as Associate Dean for Graduate Studies in the College of Engineering at the University of Texas at Arlington (UTA). Jones joined UTA in 2010 after eight years at the University of Nebraska – Lincoln, where he rose to the rank of Associate Professor with tenure. He previously served as the deputy director of the UT Arlington's homeland security focused University Center Security Advances via Applied Nanotechnology (SAVANT) Center and he serves as the current director of the Radio Frequency & Auto Identification (RAID) labs at UTA. Jones was the program director of The National Science Foundation's (NSF) Engineering Research Centers. He is currently Chair of the Supply Chain Technology Committee of International Supply Chain Education Alliance's (ISCEA) International Standards Board (IISB) and Editor in Chief of the International Supply Chain Technology Journal (ISCTJ).
The International Supply Chain Education Alliance (ISCEA) is a supply chain professionals certifying body best known for becoming the first organization validating the knowledge of supply chain managers around the world and providing them with the CSCM designation. Founded in 2003 and currently holding over 100,000 members, ISCEA has its World HQ office in Beachwood, OH, USA and regional offices in LATAM, EMEA and APAC. ISCEA's mission is to provide supply chain knowledge to manufacturing and service industry professionals worldwide through Education, Certification and Recognition. ISCEA is the governing body for the Ptak Prize.