What are the supply chain services?
A supply chain is a network between a company and its suppliers to produce and distribute a specific product or service. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service.
What are service providers in supply chain management?
A logistics service provider, also known as third-party logistics (3PL) provider, is a company that specializes in offering services to help manage the supply chain including warehouse management, order fulfillment, and shipping orders.
What are the 7 supply chain functions?
While supply chain is a very broad career field, it has 7 primary functional areas: Purchasing, Manufacturing, Inventory Management, Demand Planning, Warehousing, Transportation, and Customer Service.
What are the types of supply chain?
The 2 Types of Supply Chains
| Reactive Supply Chain Strategy | Data-Driven Supply Chain Strategy |
|---|---|
| Operational improvements based on guesswork or imitating competitors | A data-driven approach helps even best-in-class manufacturing operations find new ways to improve efficiency[iii] |
What are the logistics service providers?
Definition of Logistics Service Provider (LSP) Logistics Service Providers, or 3PL (third-party logistics) providers, are outsource entities shippers leverage to manage a company’s warehousing, distribution and transportation of freight.
What are the 6 types of supply chain management?
The Six Models of Supply Chain Management
- Continuous flow.
- Fast chain.
- Efficient chain.
- Agile.
- Custom-configured.
- Flexible.
What are the two stages in a supply chain?
The two-stage supply chain network problem consists of plants, DCs and customers.
What is a service oriented supply chain?
The service supply chain is the part of the supply chain dedicated to providing service on products. It addresses the supply of parts, materials, personnel and services needed to provide timely and effective product service, such as repair and maintenance. The service supply chain also involves the logistics required to return a product for repair, servicing, replacement or recycling, a process called reverse logistics.
What does a supply chain worker do?
Supply Chain workers are required to oversee all relevant steps regarding to the process of supply chain. They take care of products from the raw material stage to the sale as an end product to the clients.
What is the function of supply chain?
Supply Chain Functions. A standard supply chain consists of companies that buy and sell goods and services from each other. The objective of these transactions is to produce an end product for customer use. Each company in the chain contributes a step in the process.
What are supply chain activities?
Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product that is delivered to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains.