Introduction of SCM
the manufacturers of fibers, and down stream through distributions and
retailers to the final consumer. Though each of these organizations are
dependent on each other yet traditionally do not closely cooperate with each
other. An integrated supply chain management streamlines processes and
increases profitability by delivering the right product to the right place, at the
right time, and at the lowest possible cost.
According to Ganeshan & Harrison (2001)
Supply Chain Management is a "systems approach to managing the entire
flow of information, materials, and services from raw materials suppliers
through factories and warehouses to the end customer."
Supply chain event management (abbreviated as SCEM) is a consideration of
all possible occurring events and factors that can cause a disruption in a
supply chain. With SCEM possible scenarios can be created and solutions can
be planned.
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