Essay on Supply Chain Management At Lean Operations Management

1094 Words Feb 27th, 2016 5 Pages
We live in a time where lean operations are becoming vital to the success of a firm; "logistics" and "supply chain management" are common terms for areas of expertise that aid in achieving such success. Though, the two words are often used interchangeably by quite a few businesses, the Council of Supply Chain Management Professionals (CSCMP), a professional organization devoted to researching and educating others on supply chain management, seems to disagree with that mindset. (CSCMP.og) The two words do not encompass the same meaning, but they do work together in order to ensure a business has the capability to the highest level of efficiency. According to the Council of Supply Chain Management Professionals, logistics can be defined as, "the part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse flow and storage of goals, services, and related information between the point of origin and point of consumption to meet consumers ' requirements." (CSCMP.org) On the other hand, the Council of Supply Chain Management Professionals defines supply chain management as, "encompassing the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party providers, and customers; in essence, supply chain management integrates…

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