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Supply Chain Basics – Cheat Sheet

Here is a great start to learn about supply chain. This cheat sheet gives a high level view and the links below will help people quickly get up to speed on supply chain.

The End To End SCM Process greatly expands on the information below.

Collection of Supply Chain CHEAT SHEETS.

Supply Chain Defined in Various Ways

General Business Definition: A supply chain is the network of all the individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, through to its eventual delivery to the end user.

Operational Management Definition: In operational terms, a supply chain refers to the integrated system that coordinates the flow of goods, services, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.

Academic Definition: A supply chain is the entire sequence of processes and entities involved in the production and distribution of a commodity, including the stages of raw material extraction, production, processing, transportation, warehousing, and final sale. It encompasses both the upstream (supplier-related) and downstream (customer-related) aspects of production and distribution.

Supply Chain Quotes

  • “Without logistics the world stops.” ~Dave Waters
  • “Products can be easily copied. But a supply chain can provide a true competitive advantage.” ~Yossi Sheffi
  • “The biggest challenge in the global supply chain is to get everyone on the same page.” ~Ken Thompson
  • “The strength of the supply chain is based on each individual link. Each link determines the overall strength of the supply chain. SCM is about teamwork, collaboration and making the overall system as effective as possible.” ~Dave Waters
  • “Intelligence is the ability to adapt to change.” ~Stephen Hawking
  • “The supply chain is a critical part of any successful business. You can have great products, strategies, and people, but without effective supply chain management, success will be short lived.” ~Kevin Dooley

Supply Chain Resources

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