Thursday, January 31, 2008

Blog #8

Supply chain,a chain that shows the pros and cons, but still all of this has to do with a company."There are a variety of supply chain models, which address both the upstream and downstream sides." I understand that it is a chai, how the comany works it "make" the product,some one buys it to sell, they "fix" it,and then they sell it.I think it sorta works like a food chain, a rat eats grain, the rain and grain get eatin by the snake the snake is killed and he is eatin by birds,and it never stops.So i guess the supply chain can never stop, because they make we buy.

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

  • The product flow
  • The information flow
  • The finances flow"
Product flow:is like the movement "shipping" from the supplier to the customer
Informatin Flow: its like the supplier checcking if the customer got what they wanted in the condition they wanted it in.
Finances Flow: is like checking up on the customer to see if he/she has paid.

No comments: