• «Fueling your logistics chain»

  • «Go beyond logistics, make the world go round and revolution business»

  • «Taking action, getting results»

  • «Logistics through innovation, dedication, and technology»

  • «Possibility in every direction»

  • «Ready, set, done»

  • «Special handling. Extra service»

  • «Thinking the way forward»

  • «Your navigator in the world of trade»

  • «Leadership and learning are indispensable to each other»

  • «Leadership is the capacity to translate vision into reality»

  • «Power beyond cargo»

  • «All time management begins with planning»

  • «Management is doing things right; leadership is doing the right things»

  • «Leading and inspiring people»

  • «Leadership is thinking and talking about the solutions»

  • «Streamlining your supply chain»

  • «Business acceleration through digital communication»

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Supply Chain Management - Definitions

Supply Chain

Main definitions


The table below shows my personal definitions for the listed terms:


TermDefinition
Sourcing/purchasingthe processes associated with identifying material and service needs, locating and selecting suppliers, negotiating contract and payment terms, and tracking to assess supplier performance.
Logisticsthe function that plans, implements, and manages the efficient, effective flow and storage of goods and services from the point of origin to the point of end consumption.
Supply Chaina network of organizations that work together to convert and move goods from the raw materials stage to the end customer. These organizations are linked together through physical, information and monetary flows.
Enterprise Resource Planning (ERP)provides a large, integrated information system that supports most enterprise processes and data storage needs across the entire organization. ERP systems combine most, if not all, of the information neeed for a company in a single system, often replacing dozens of different systems used in different departments and applications.

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