Origin of Supply Chain Management Term

Introduction of Key Terms

• Keith Oliver introduced the term "supply chain management" during a 1982 interview with the Financial Times.

Recognition of Supply Chain Management

• Significant recognition gained in the 1990s through numerous articles and books focused on the subject.

Definition of Supply Chains

• Originally defined as the sequence of processes involved in the production and distribution of goods.

Accepted Definition of Supply-Chain Management

• A commonly accepted definition describes supply-chain management as the coordination of all activities involved in sourcing, procurement, conversion, and logistics management.

Rise to Prominence

• Supply-chain management rose to prominence in the 1990s, reflecting its increasing importance in the global economy.

Goal of Integrating Supply Chain Activities

• The main goal is to enhance efficiency and effectiveness across various supply chain activities, leading to improved customer satisfaction.

Focus of Supply Chain Strategies

• According to Hines (2004), the main focus of supply chain strategies is to create value through collaboration among supply chain partners.

CSCMP's Definition of Supply-Chain Management

• The Council of Supply Chain Management Professionals (CSCMP) defines supply-chain management as the planning and management of all activities involved in sourcing, procurement, conversion, and logistics.

Goal of Supply-Chain-Management Software

• The goal is to streamline operations, enhance visibility, and improve decision-making throughout the supply chain.

Extended Enterprise Concept

• The Extended Enterprise concept broadens traditional supply chains by incorporating additional partners, processes, and technologies to enhance collaboration and flexibility.

Supply-Chain Event Management (SCEM)

• SCEM aims to identify and address disruptions in the supply chain, enabling timely responses to minimize impact on operations.

Performance Measurement in Supply Chain Strategies

• Hines (2004) defines the measurement of performance as using metrics to evaluate efficiency, effectiveness, and overall success in achieving supply chain goals.

Learn about the origin and definitions of the term 'supply chain management', including its introduction in the 1980s by Keith Oliver and its development over the years.