Outline the philosophy of Supply Chain Management

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US No.  336712
NQF Level  06
Credits  6

Purpose:

This unit standard will enable learners to outline and discuss the philosophy of Supply Chain Management. The person accredited with this unit standard will demonstrate a clear understanding of the concepts of Supply Chain, Supply Chain Management, Supply Management, Procurement, Operations, Distribution and Logistics. They will be able to debate these concepts and compare the philosophy of Supply Chain Management with traditional business models giving practical examples of the advantages and disadvantages of adhering to a Supply Chain Philosophy. Competent learners will also demonstrate understanding of the challenges facing organisations when they attempt to implement a Supply Chain Based business model and give some recommendations on a possible change process that could lead organisations towards reaping the benefits of implementing the Supply Chain approach to work.

A learner credited with this unit standard will be able to: 

  • Interrogate the inter-relationship between the concept of Supply Chain Management and Demand, Acquisitions, Distribution and Logistics.
  • Map the Supply Chain and describe the benefits of applying the philosophy.
  • Identify areas within a supply chain that require improvements.

Range:

This unit standard covers the following:

  • The definitions of Supply Chain, Supply Chain Management and other related concepts.
  • The typical problems and challenges facing organisations when they try to improve the effectiveness of the supply chain.
  • The inter-relationships of all supply chain processes.

Outcomes:

  1. Interrogate the inter-relationship between the concept of Supply Chain Management and Demand, Acquisitions, Distribution and Logistics.
  2. Map the Supply Chain and describe the benefits of applying the philosophy.
  3. Identify areas within a supply chain that require improvements.

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