Supply Chain Management In 6 Minutes | What Is Supply Chain Management? | Simplilearn

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Supply Chain Management In 6 Minutes | What Is Supply Chain Management? | Simplilearn


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  1. 🎯 Key Takeaways for quick navigation:

    00:28 📦 Supply Chain Basics
    – Explanation of supply chain process for Apple products:
    – Entities involved: raw material suppliers, manufacturers, third-party logistics vendors.
    – Communication from manufacturing to delivery.
    – Importance of understanding supply chain management.
    02:04 🏭 Apple's SCM Stages
    – Apple's five stages of supply chain management:
    – Planning an operational strategy.
    – Sourcing materials from suppliers.
    – Manufacturing at Chinese assembly plant.
    – Delivery to consumers and retail stores.
    – Handling returns and refurbishments.
    04:09 💥 Chip Shortage Impact
    – Impact of worldwide chip shortage on Apple's supply chain:
    – Disruption due to COVID-19 pandemic.
    – Increased demand and scarcity of semiconductor supplies.
    – Resulting halt in production of iPhone 13 devices.

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  2. The answer is technically disposal, but if you are looking to create a sustainable business model and utilize that in your marketing (which in turn increases value for internal and external stakeholders) then you absolutely need to be concerned about disposal. It is a more holistic view of supply chain, but according to most current models the SCOR model is what we look at.