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

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If all my college classes were presented this way,, I would retain everything. This helps my brain.

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.

It explains the fundamentals of supply chain management with a clear case study. Well done!

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Theoretically Disposal might be an option for many. But disposal do come under cicular and green supply chain management. There are lot imprtance given to supply chain sustainability by most of the companies now a days. Even the loyal customers of a brand or a company consider sustainability in the brand's or company's end to end Supply chain as a major critirea before choosing their product.

Disposal is the answer. Really great illustration and story @simplilearn team!

thank you for this video, it is gonna help me a lot

Disposal. As the name suggests Supply Chain deals with the supply of goods from the provider of Raw materials to final end product to customers and it's return as well (if any). But not with the disposal of product.

I couldn't complete the video because of the music.

Thanks very well explained I was looking into supply chain attacks.

This sounds like a great resource for anyone interested in learning about supply chain management. The use of Apple's case study to illustrate supply delays and production cuts in the iPhone 13 pro adds a real-world perspective to the topic. It's great that the video covers various aspects of supply chain management, including strategy, operations, and job responsibilities. Overall, it seems like an informative and comprehensive resource for anyone looking to expand their knowledge of supply chain management.

Your videos are always helpful. Thank you. The answer to the question is disposal.

Disposal is the answer. Loved the animation and the way it helps to understand! 👌🏼

As per the case study in the video, Ans=Disposal. But I think that disposal and recycling is also a crucial part of supply chain which will make it a complete circle

Disposal. The question was answered already. Thank you for the video, very good learning material.

D. Disposal ❣️ Please do more videos about SCM. I just got my diploma in SCM and it helps me a lot especially in my career. Worth it to learn and study the SCM.

Please do more video on supply chain management. 😊

supply chain efficiency essential for a supply chain.Thanks for the video.

I enjoyed this video and got benefits from it thanks for your efforts

Got a clear idea of supply chain management . Thanks for this !!! And answer is D.

I don't think disposal/scrapping can be disregarded in SCM. Scrapping is as important and Sourcing when it comes to warehousing for maintaining warehouse space and hygiene.

Good evening to all. I would say that of these four options, the one that is not under the supply chain is (A). The Logistics and the Manager are responsible for the strategy and the Supply chain for the purely business. It is enough to ask the reason for the existence of coordinators, warehouse managers etc..

Thank you for creation that video, it is very helpful to easy know what supply chain management is. 😀

thanks for mentioning about India seperately.

Disposal. I was looking for this at last found it. Thank you for this clear explanation 😍

Disposal ! Thank u so much ! i dont need gift from u !! Ur channel itself is a gift !! Lots of love ❤️❤️

Planing operational strategy ➡️ sourcing ➡️ Making ➡️ dilivery 🌻

the answer is d) disposal, the supply chain stage that deals with faulty products is returns, at this point they are sent back to the assembly facility for refurbishment, not disposal

Disposal. Although closed-loop supply chains seem to be focused on sourcing materials from returned, trade-in, and disposed products.

Disposal - Thanks for great knowledge.

Thank you for the video. The answer is D: Disposal

Please do more in-depth videos on the Supply chain management

The answer is “Disposal” thanks for this very informative and simple illustration, awesome!

Thank you. Helpful video. The answer is Disposal.

Supply chain management student and business major here. Disposal is the answer. Especially if the consumer disposes the product. However, if the consumer returns the product, say for warranty issues to get the product repaired or upgraded, that would not fall on disposal.

It will be very effective if you make a master class on SCM.

Thanks bro for this informative video. It helped me a lot.

thank you and God bless!

From the given options, which option does not fall under the stages of supply chain management. D) Disposal.

Answer is “Disposal” Thank you for this great video!

Amazing explanation!

such a simple hence a great presentation. the answer is Disposal.

The supply chain system didn't address "Disposal" It probably should as the need to better manage resources can be greatly impacted by recycling precious metals in electronic devices and maybe reduce the demand on mining.

Option D - Disposal

Disposal is the answer. Educative.

I'll reference your video on my project

All four are supply chain components, disposal is Returns management

Disposal is the answer

High-quality!

Disposal, thanks for your informational video.

Question: From the given options, which option does not fall under the stages of supply chain management. Answer: D) Disposal.

The Answer is d) Disposal which does not fall under the stages of supply chain management.

Disposal is the answer Good video understood more about supply chain

Thank you❣️

Of course Disposal shouldn't be the part of supply chain management.

Disposal is not part of supply chain, but Apple could encourage customers to recycle their phones instead of disposing and have a repository for them

Answer is disposal 😀 your videos are so nice do more.thanks

Fantastic & simple Explanation in short video !

Definitely Disposal is not the part of SCM

I appreciate the professional production of this video, but the information contained therein seems quite obvious.

Answer is Disposal . Good insight on Supply chain with an apple 🍎 case study.

thank you, is it posible to remove or lower the volumen of the background music. thanks

Nice video shows methods to improve your business.

I think D) Disposal is not one of the stages of Supply Chain Management And also, thanks for this beautiful informative lecture

Well done

best one💚

answer is disposal,because five stages are operational strategies,source,making,deliveryand returns.

Please make more videos on this topic

Outstanding work! This content is setting a new standard. I recently read a similar book, and it was groundbreaking. "The Art of Meaningful Relationships in the 21st Century" by Leo Flint

wow..do more

Source determination is under material management, procurement is under production planning.

Can you make a video about Lean Manufacturing .. Thank you ❤️

Lovely and nice video 👍

great video, disposal

Aside from Apple, what other company has this kind of supply chain management?

It's basically "constant outsourcing and collaboration to create a product". The answer of the question is Disposal.

the answer is C because it related to manufacturing supply chain starts suppliying delivering raw material for production and delivering final product after manufacturing for the same answer is c

All of them fall under a Supply Chains' Operation. Planning, a definite. Manufacturing/making of the products. Sourcing and outsourcing. Disposal would also be included with returns to salvage all materials that could be recycled or reused.

Disposal. Thank you...

This was a very informative video. I have to do a paper on Supply Chain Strategies, and this was very helpful. I think my paper will get an A after viewing this video. Thanks!

great job on the video and wonderful explanation, please remove the background music it is disturbing.

Answer is Disposal. as it doesn't fall under the five stages of SCM

Disposal is the answer 😊

planning operational strategy is a crucial part of the supply chain. Operational strategy involves determining how the various components of the supply chain will work together to achieve organizational goals. It encompasses the decisions and actions taken to design, plan, and manage the operations of the supply chain network. Operational strategy in the supply chain includes several key aspects: Demand forecasting: Organizations need to forecast customer demand accurately to ensure the right amount of inventory is available at the right time. Demand forecasting helps in planning production, procurement, and distribution activities. Inventory management: Effective inventory management is essential for balancing supply and demand. It involves determining optimal inventory levels, reorder points, safety stock, and managing inventory turnover. Proper inventory planning helps minimize stockouts and excess inventory, improving customer service and reducing costs. Production planning and scheduling: This involves determining the production capacity needed to meet customer demand and developing a production plan. It includes activities such as resource allocation, scheduling production runs, sequencing tasks, and managing production flow. Supplier management: Strategic decisions related to supplier selection, negotiation, and relationship management are critical for ensuring a reliable and efficient supply chain. This includes assessing supplier capabilities, establishing partnerships, managing contracts, and monitoring supplier performance. Logistics and distribution: Planning the movement of goods from suppliers to customers is another aspect of operational strategy. It involves decisions regarding transportation modes, warehouse location, distribution network design, and optimizing delivery routes. Technology and systems: Operational strategy also includes the adoption and implementation of appropriate technology and systems to support efficient supply chain operations. This may involve utilizing software for demand planning, inventory management, production scheduling, and data analytics. sourcing is a critical component of the supply chain. It involves the process of identifying, evaluating, selecting, and establishing relationships with suppliers who can provide the necessary goods, materials, or services to support the organization's operations. Sourcing activities within the supply chain include: Supplier identification: This involves researching and identifying potential suppliers that can meet the organization's requirements in terms of quality, price, capacity, lead times, and other criteria. Supplier evaluation and selection: Once potential suppliers are identified, an evaluation process is conducted to assess their capabilities, reliability, financial stability, quality standards, and other factors. The organization then selects the most suitable suppliers to engage in business relationships. Negotiation and contracting: Sourcing includes negotiating terms and conditions with selected suppliers, including pricing, payment terms, delivery schedules, quality expectations, and other contractual terms. Contracts are established to formalize the relationship and outline the rights and obligations of both parties. Supplier relationship management: After establishing relationships with suppliers, ongoing management and collaboration are essential. This involves monitoring supplier performance, maintaining communication channels, resolving issues or disputes, and fostering collaboration to achieve mutual goals. Sourcing decisions have a significant impact on the overall supply chain performance. Effective sourcing practices can contribute to improved product quality, reduced costs, increased supply chain responsiveness, and enhanced customer satisfaction. Conversely, poor sourcing decisions can lead to supply disruptions, quality issues, increased costs, and negative impacts on customer service. It's important to note that sourcing extends beyond just selecting suppliers. It also involves strategic considerations such as make-or-buy decisions (deciding whether to produce internally or outsource), identifying alternate sources of supply for risk management, and exploring opportunities for supplier collaboration and innovation. Overall, sourcing plays a vital role in the supply chain by ensuring the availability of the right materials, goods, or services from reliable and capable suppliers, thereby supporting the smooth flow of products and services to customers. the process of making products is an integral part of the supply chain. The supply chain encompasses all the activities and processes involved in creating and delivering products or services to customers. The manufacturing or production phase of the supply chain involves transforming raw materials, components, or inputs into finished goods. It typically includes activities such as sourcing raw materials, managing inventory, production planning and scheduling, manufacturing operations, quality control, and packaging. Manufacturing processes can vary significantly depending on the industry, product type, and company's specific operations. They may involve various techniques, such as assembly lines, batch production, continuous flow processes, or customized production methods. The efficiency and effectiveness of the manufacturing phase are crucial for the overall performance of the supply chain. It impacts factors like product quality, production costs, lead times, and customer satisfaction. Organizations strive to optimize their manufacturing processes to ensure timely production, minimize waste, control costs, and maintain product consistency. By integrating the manufacturing phase into the broader supply chain, organizations can achieve better coordination and synchronization across different stages. This integration enables companies to manage the flow of materials, information, and resources more effectively, resulting in improved operational efficiency and customer responsiveness. Overall, making products is a fundamental component of the supply chain, and its seamless integration with other stages contributes to the success of the entire supply chain network. disposal can be considered as a part of the supply chain, particularly in terms of reverse logistics. Reverse logistics involves the flow of products or materials from the consumer back to the manufacturer or point of origin. Disposal, in this context, refers to the proper handling and management of products or materials at the end of their lifecycle. In a typical supply chain, products go through various stages such as procurement, manufacturing, distribution, and finally, consumption. After consumption, products may become waste or reach the end of their useful life. Disposal encompasses the processes and activities involved in managing this waste or end-of-life stage. Disposal practices can vary depending on the nature of the product or material. It may involve recycling, reusing, refurbishing, remanufacturing, or properly disposing of waste according to environmental regulations. Efficient disposal practices are essential for minimizing the negative environmental impact of products and materials and for complying with legal requirements. Including disposal in the supply chain allows organizations to optimize resource utilization, reduce waste generation, and potentially recover value from discarded products or materials. It is becoming increasingly important as sustainability and environmental considerations gain prominence in business operations.

Great video, easily understood, loved the graphics. Answer is D) Disposal

3) Making

Disposal!!! For sure

Disposal! ✌🏾

(D-Disposal) cleared explained

5:05 Option d) disposal

It would be better if you make more video of SCM.

Disposal 👍

All aspects of SCM are important

I'm not gonna lie but this video taught me a lot than my prof did , it wasn't even sure what our prof is teaching lol . But thanks for lesson

Choice D is the correct answer.

d) disposal Faulty and damaged products are returned..

I will go for D

answer is disposal, which is not included in 5 stages of supply chian

D.Disposal .I would like to know more about this course.