Question

Operations management is an intricate web of internal and external interrelationships of people, processes, and resources. Identifying and assessing these relationships can help keep operational strategies and development headed in the right direction.

What is Supply Chain Management (SCM), and why is it important to business operations?

In what ways is SCM for a manufacturer similar or different than that of a service provider?

What is Enterprise Resource Planning (ERP), and how is it related to SCM?

Does this relationship introduce any specific issues or complexities into managing business operations? If so, how? If not, why?

Answer 1

1.supply chain management is a range of activities that is required to plan , control and execute's a product flow from acquiring raw material ,to production than delivering final product to the customer .It is a lining of business supply side activites ,it maximise customer value and gain competitive advantage in the marketplace.SCM baisically control and linked all activities production ,shipment and distribution of product.

2.supply chain management in a service industry requires a great focus in each and every step because it consist physical existence of product where as in service industry there is no physical existence of product and and it requires little physical inputs other than iffice supplies.

3.In enterprise resource planning business integrate important area of business such as planning,purchaisng,inventory,sales,marketing,finance, and human resource.ERP connects different technology that is used in different part of the business,eliminating duplicate a d incompatible technology.

ERP integrate all the infirmation together where as SCM is a single major source of getting information up to date from intial point to end point .ERP is expensive than the SCM.