Supply Chain Integration
Data, information and knowledge are the critical factors to effective logistics and supply chain management on any scale, because they form the basis for planning of the logistic operations and supply chain processes, coordination of actions and communication with the business partners and running a successful business.
The significance of information has been reflected in the supply chain definition proposed by APICS, in which the supply chain is ”a global network used to supply products and provide services, from the level of the initial raw materials to the ultimate consumption of the finished products, using information processing, physical distribution and financial resources”.
In order to manage a supply chain in a large corporation with international operations, a huge volume of data are needed. Let’s just mention a few examples of actions associated with particular organizational levels:
- execution of operations and transaction processing;
- making routine decisions e.g. supplier evaluation;
- strategic planning e.g. sales plans; and
- strategic decision making.
In addition to organizational levels, the directions of information links also need to be ...
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