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12-supply chain participants-customers retailers wholesalers distributers manufacters service providers component and raw material suppliers.value of supply chain-diff. between amt. a customer pays for a product or service and the cost of all inputs to all parts of the supply chain. Supply chain is the sequence of organizations-their facilities functions and activities-that are involved in producing and delivering a product or service.Bull whip effect-inventories are progressively larger moving backward through a supply chain.Push-pull process-push; process execution is in anticipation of customer orders. When push process is executed, demand is not known and must be forecast. Processor pushes product towards customer. Pull process-Process execution is initiated in response to customer orders. In a pull process, demand is known with certainty. Customer pulls product from processor.Logistics- refers to the movement of materials and information within a facility and to incoming and outgoing shipments of goods and materials. Concerns of logistics-movement within the facility, incoming and outgoing shipments, barcoding,edi, distribution, jit deliveries.E-Commerce- the use of electronic technology to facilitate transactions between providers and customers. Applications include- internet buying and selling, email, order and shipment tracking, electronic data interchange.
Approximate Word count = 730
Approximate Pages = 2.9
(250 words per page double spaced)
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