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Essay / Supply Chain Management from Start to Finish - 1821
IntroductionIf you asked someone what their profession is and they answered with supply chain management, they would probably be met with blank stares and the question “what is it”? To briefly summarize, supply chain management (SCM) is the oversight of the efficient flow and storage of a product from the point of origin to the point of consumption. In the fairly recent past, the implementation of supply chain managers has become increasingly necessary to enable companies to reduce manufacturing and distribution costs. Therefore, as technological advancements continue to advance, SCM can be constantly modified to increase business growth and generate greater profits. Purpose of the Study: The purpose of this study is to understand how to improve a company's supply chain by making it more efficient. Answers were sought to the following questions: 1.) How to improve the marketing and sales of a product? 2.) How does planning predict your future demand? 3.) How can you become more efficient in making a product? 4.) How does transportation (logistics) deliver a product?Methods and Procedures Used:Secondary research was conducted through traditional and electronic searches of periodicals, books, and government documents. Interviews were conducted with 2 supply chain managers in Sylvania, Ohio. Background of Supply Chain Management Supply chain management is the process of planning, implementing and controlling the efficient flow and storage of goods and associated information from the point of origin to 'at the point of consumption. see Appendix A. It was in the mid-1980s that businesses began to understand the importance of SCM as a whole. They began to examine the effect of logistics as well as middle of paper...... 2014. “Lean Manufacturing: Working More Efficiently.” » Lean manufacturing. Np, and Web. April 25, 2014.Lennon, Mark. “Cleaning a 1930s Manufacturing Plant: Zero Waste, 38% Savings.” IRN The Recycling Network. Np, December 9, 2013. Web. April 28, 2014. Monosoff, Tamara. “How to market a new product successfully.” Entrepreneur. Np, May 28, 2007. Web. April 27, 2014. Pinchefsky, Carol. “Xbox One targets the biggest market of all: TV viewers.” Forbes. Forbes Magazine, May 22, 2013. Web. April 27, 2014. “Product Distribution: The Basics.” » Smarta RSS. Np, and Web. April 27, 2014. Rutberg, Shara. “How can we reach our target market? » CNNMargent. Cable News Network, January 25, 2008. Web. April 28, 2014. “WASTE REDUCTION AND RECYCLING TIPS FOR MANUFACTURING FACILITIES.” » Waste reduction and recycling tips for manufacturing. WasteCare Corporation, nd Web. April 27. 2014.