What are the key functions of a supply chain? What is a supply chain flow chart?

What are the key functions of a supply chain?

Supply chain functions include product development, marketing, operations, distribution, financing, and customer service. Supply chain management results in lower costs and faster production cycles.

What is a supply chain flow chart?

Supply chain management processes that benefit from flow charts. As mentioned earlier, the supply chain management process has many stages from start to finish, each of which can greatly benefit from the use of flow charts and workflows. The problems that the supply chain process (collection) can have from start to finish (delivery or distribution) are basically innumerable. These are processes that apply to most supply chain management tasks where flow chart creation and development can lead to ongoing improvement:!

Procurement: Purchase of raw materials or products from suppliers is essential for the supply of chain efficiency. Using flow charts or workflows can help reduce unnecessary vendor analysis /research instances and help streamline purchase orders.

Material Management: Material management refers to the acquisition, inspection, and storage of raw materials used in the manufacturing process. Adherence to the company’s defined workflows can reduce the number of inspection errors, which will reduce the rate of scrap at a later time and increase the yield of the first pass.

Production and Manufacturing: While some companies may not include manufacturing as a partner in their supply chain management activities, it is a key component that falls in the middle of the supply chain process (for manufacturers) to reduce flow bars and machine uptime. Can help increase usage?

Order Management: The order management function is responsible for collecting, verifying, and submitting all the information required to fulfill the customer's order. Documentation of key steps in the order management process through flow charts can help reduce order errors and increase customer satisfaction.

Delivery: Distribution activities handle various responsibilities to the customer starting from inventory and warehouse management till the final delivery of goods/products. Using flow charts in the delivery process can help improve deposit position accuracy, reduce shrinkage, and mitigate order selection errors.

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