HISTORY OF SUPPLY CHAIN

HISTORY OF SUPPLY CHAIN

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                       History of supply chain:


1960’s - Inventory Management Focus, Cost Control

•1970’s - MRP & BOM  - Operations Planning

•1980’s - MRPII, JIT - Materials Management, Logistics

•1990’s - SCM - ERP - “Integrated” Purchasing, Financials, Manufacturing, Order Entry

•2000’s - Optimized “Value Network” with Real-Time Decision Support; Synchronized & Collaborative Extended Network