Introduction (briefly discuss about SCM) Discuss the main functions of supply chain management (SCM) and its processes and components.
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- Avion, Inc. Susan Dey and Bill Mifflin, procurement managers at Avion, Inc., sat across from each other and reviewed a troubling performance report concerning a key supplier, Foster Technologies. The report detailed the deteriorating performance of Foster Technologies in the areas of material quality and on-time delivery. At this point, Kevin ODonnell, another procurement manager, entered the room. Explain the role of performance measurement in managing supply chain activities.What is supply chain management (SCM)? Describe some of the potential benefits of SCM. Explain in detail how one of these benefits affects the organization.Supply chain managers should be concerned about four flows in their organizations. Describe these four flows and why they are important. How are they related to each other?