Introduction to Supply Chain
Description: A supply chain encompasses sourcing, manufacturing, and delivering products or services to customers.
Description: Key concepts include sourcing, production, inventory management, logistics, coordination, information flow, and customer service.
Description: Industry 4.0 integrates smart technology, automation, IoT, and data analytics for advanced manufacturing.
Description: Technology enhances operational efficiency through automation, real-time data analytics, improved communication, and streamlined processes.
Description: Decision making in supply chain involves optimizing resources, balancing costs, managing risks, and enhancing responsiveness to demand.
Description: Vision, goals, and objectives guide organizations by outlining aspirations, milestones, and measurable targets for strategic alignment.
Description: Supply chain objectives aim to optimize efficiency, reduce costs, improve quality, and enhance customer satisfaction.
Description: A mission statement defines a company's purpose, values, goals, and primary objectives for stakeholders and customers.
Description: A vision statement outlines a company's long-term aspirations, future direction, and desired achievements for stakeholders.
Description: Goals and objectives provide specific targets and measurable outcomes to achieve organizational success and strategic alignment.
Description: Amazon's mission focuses on customer obsession, while its vision aims for Earth's most customer-centric company.
