Abstract
What is the essence of Supply Chain Management (SCM)? How does it relate to Advanced Planning? In which sense are the underlying planning concepts “advanced”? What are the origins of SCM? These as well as related questions will be answered in this chapter.
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Notes
- 1.
Our definition largely corresponds with that of the Council of Supply Chain Management Professionals (CSMP) stating that “Supply Chain Management is an integrating function with primary responsibility for linking major business functions and business processes within and across companies into a cohesive and high-performing business model” (The Council of Supply Chain Management Professionals 2013, p. 187).
- 2.
A definition of Supply Chain Management which is very close to the mission of logistics is proposed by Simchi-Levi et al.: “Supply Chain Management is a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time, in order to minimize systemwide costs while satisfying service level requirements” (Simchi-Levi et al. 2008, p. 1).
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Stadtler, H. (2015). Supply Chain Management: An Overview. In: Stadtler, H., Kilger, C., Meyr, H. (eds) Supply Chain Management and Advanced Planning. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-55309-7_1
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