Supply Chain Systems

Chapter
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 161)

Abstract

Recall from the introductory chapter that a supply chain is a network of functional organizations that through their activities perform the logistics functions. These functions include procurement of materials, transformation of materials and intermediate products into intermediate and finished products, and distribution of finished products to the customers. Supply chains exist both in manufacturing and service organizations. Supply chains can differ greatly in complexity from industry to industry and from individual company to company. Because of the widespread prevalence and variety of supply chains, many alternative definitions of a supply chain exist. The term supply chain is somewhat of a misnomer because a supply chain is often not a single or simple chain but a complex network with many divergent and convergent flows. Because of the current focus of companies on their core competencies, there are usually many different organizations active in a supply chain.

Keywords

Combustion Transportation Income Marketing Expense 

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Copyright information

© Springer Science+Business Media, LLC 2011

Authors and Affiliations

  1. 1.H. Milton Stewart School of Industrial & Systems EngineeringGeorgia Institute of TechnologyAtlantaUSA

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