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Operations & Supply Chain Management, 1718, pg. 1Meeting Minutes for Audit & Review FacetoFace Meeting University of WisconsinWhitewater Operations & Supply Chain Management Majors and Minors, 20172018
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Operations and supply chain management is the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.
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The purpose of operations and supply chain management is to ensure efficient and effective flow of goods, services, and information from the point of origin to the point of consumption.
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Information such as production volume, lead times, inventory levels, supplier performance, distribution costs, and key performance indicators related to supply chain efficiency must be reported on operations and supply chain.
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