SCM-Unit 4-Building the Supply Chain

The chain of activities within a company that results in providing a product to the customer.

• Internal Supply Chain

• External Supply Chain

• Distribution

• Manufacturing

The network of activities outside of a company such as transportation and environmental factors which can affect operations.

• External Supply Chain

• Internal Supply Chain

• Distributor

• Manufacturing

A specialized warehouse that acts as a central hub for receiving, storing, and efficiently redistributing finished goods to various destinations, including retailers, wholesalers, and end-customers.

• Distribution Center

• Manufacturing Plant

• Call Center

• Shipping Hub

Involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.

• Product Flow

• Information Flow

• Financial Flow

• Risk Flow

Centers on transmitting orders and updating the status of delivery.

• Information Flow

• Product Flow

• Risk Flow

• Financial Flow

Involves credit terms, payment schedules, and product ownership arrangements.

• Financial Flow

• Risk Flow

• Product Flow

• Information Flow

The coordinated process of managing the flow of goods, information, and finances from raw materials to the final product's delivery to the customer

• Supply Chain Management

• Manufacturing Management

• Production Line Management

• Labor Management

An individual or machine that retrieves specified items from a storage location, such as a warehouse, to fulfill customer orders or other business needs.

• Picker

• Parcel

• Packer

• Procure

A person or robot that prepares products for sale or shipment by putting them into containers, boxes, creates, or any other method use for transporting.

• Packer

• Shipping Agent

• Picker

• Package Representative

The increasing integration and interdependence of national economies, where companies operate on an international scale, facilitating the cross-border flow of goods, services, capital, technology, and ideas.

• Globalization

• World Trade

• World Trade Union

• E-Commerce