How do supply chain management systems coordinate planning, production, and logistics with suppliers?
• Define a supply chain and identify each of its components.
• Explain how supply chain management systems help reduce the bullwhip effect and how they provide value for a business.
• Define and compare supply chain planning systems and supply chain execution systems.
• Describe the challenges of global supply chains and how Internet technology can help companies manage them better.
• Distinguish between a push-based and a pull-based model of supply chain management and explain how contemporary supply chain management systems facilitate a pull-based model.