Supply chain definitions and perspectives

In Step 1.3, we introduced you to the concept of a supply chain and asked you to consider the different stages involved. In this step, we unpack this concept further.

The supply chain, like logistics, can be defined in a number of ways. The following definition recognises that a supply chain encompasses more than just the different stages of a process from the production of raw materials to the consumer.

It includes all logistics management activities and manufacturing operations, and it drives coordination of processes and activities with, and across, marketing, sales, product design, finance and IT.

(Council of Supply Chain Management Professionals 2017)

• Logistics
• Manufacturing
• Procurement

A network of organisations that are involved, through upstream and downstream linkages, in the different process and activities that produce value in the form of products delivered into the hands of the ultimate consumer.

(Mangan and Lalwani 2016)

Your task

What is the difference between a supply chain and supply chain management? Investigate the differences and post your findings in the comments area.

References

_{The Council of Supply Chain Management Professionals (2017) CSCMP Supply Chain Management Definitions and Glossary. [online] available from https://cscmp.org/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms/CSCMP/Educate/SCM_Definitions_and_Glossary_of_Terms [6 August 2019]}

_{Mangan, J. & Lalwani, C. (2016) Global Logistics and Supply Chain Management. Chichester: Wiley}