Supply Chain Management (SCM) includes many theories from other areas of management. This paper focuses on how SCM is a blend of different theories of other disciplines. A number of items are identified, which were first developed in other disciplines and then included in Logistics. Despite borrowing theories from other disciplines, it has yet to come to a mature stage. This paper illustrates the benefits to SCM from borrowing, and applying these to the existing disciplines. The core theme of the paper is that the discipline of SCM can further adopt theories from other disciplines to define SCM more explicitly.
One
of the most significant changes in the paradigm of modern
business management is that individual businesses no longer
compete as a solely autonomous entity, but rather compete
as a supply chain. Supply Chain Management (SCM) has gained
significance as one of the 21st Century manufacturing
paradigms for improving organizational competitiveness.
Many authors define the term supply chain management as
a series of interconnected management activities that take
place between suppliers and customers. Lankford (2004) states
that SCM encompasses all activities associated with a firm
moving its composite flow of information, materials and
services from the raw materials stage through production
and then to the end customer.
The
members of International Center for Competitive Excellence
developed the defination of Supply Chain Management in 1994.According
to them-"Supply Chain Management is the integration
of business processes from end user through original suppliers
that provide products, services and information that add
value to customers". SCM
is benefited from a variety of concepts that were developed
in several different disciplines such as marketing, information
systems, economics, logistics, operations management and
operations research.
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