answersLogoWhite

0

Supply chain management flows can be divided into three main flows:

  • The product flow

  • The information flow

  • The finances flow

The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs. The information flow involves transmitting orders and updating the status of delivery. The financial flow consists of credit terms, payment schedules, and consignment and title ownership arrangements.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Why are the 3 flows of a supply chain important?

The three flows of a supply chain—product flow, information flow, and financial flow—are crucial for effective supply chain management. Product flow ensures that goods move efficiently from suppliers to customers, maintaining inventory levels and meeting demand. Information flow facilitates communication and coordination among all stakeholders, allowing for better decision-making and responsiveness to market changes. Financial flow manages the monetary transactions involved, ensuring that costs are controlled and revenues are optimized, ultimately contributing to the supply chain's overall efficiency and profitability.


What is meant by Strategic Supply Chain Management?

Supply chain management comprises of three levels 1. tactical 2. strategic 3. operational. 1. Strategical supply chain management decisions includes product development, customers, manufacturing, vendors, and logistics. The strategic supply chain management tries to expand the supply chain processes. 2. tactical supply chain management includes decisions in manufacturing, logistics, suppliers and product development. 3. operational supply chain management includes the day to day operational supply chain decisions ensure that the products efficiently move along the supply chain, achieving the maximum cost benefit.


What are elements of supply chain?

the six key elements of supply chain are 1)Production 2)Supply •3)Inventory •4)Location •5)Transportation • •6)Information


What is five driving forces supply chain management?

1.The Empowered Consumer 2. Supply chain Relations 3. Deregulation, Core Competencies and outsourcing 4. Globalisation 5. Technology


What are the parts of supply chain management?

1. Planning 2. Procurement 3. Logistic


What diagrams are used to show how much energy flows in a food chain There are 3?

the diagram use to describ food chain in animal is called a pyramid


Innovation in supply chain management?

The innovation in supply chain management has the 3 cycles in sourcing. These are Design for assembly,Design for manufacture, Design for product serviceability, Design for environment,Design for Six Sigma.


What is the four enablers of purchasing and supply chain management?

1. human resources 2. organization design 3. information technology 4. measurement


What we called suppliers distributors and customers partner with each other to improve the performance of entire system they are participating in a 1.supply 2.supply and demand chain 3.demand chain?

value delivery network


Describe the three evolutionery stages of supply chain management?

1) international purchasing 2) global sourcing 3) Global supply management


What are problems in Supply Chain Management?

There are many issues one can face during supply chain management. These are 1. Managing Inventory 2. Managing Suppliers 3. Maintaining Safety and Quality 4. Risk Mitigation


What are the components of the supply chain for the automobile?

the major components of supply chain for a domestic automobile industry are: Dealerships (retailers) Manufacturers ( manufacturers and distributers) Tier 1 suppliers ( supplier to Manufacturers) Tier 2 suppliers ( suppliers to Tier 1) Tier 3 suppliers ( suppliers to Tier 2)