Explains Supply Chain Charts Component

Supply Chain Charts are a charts which visualize the structure of the basic component supply chain
(consist of 1. Production. Businesses focus on how much to produce, where to produce it and which suppliers to use.
2. Inventory. Businesses decide where to store their products and how much to store.
3. Distribution. Businesses address questions about how their products should be moved and stored.
4. Payments Businesses look for the best ways to pay suppliers and get paid by customers.)
Its shall be used to reinforce sub supplier management, cover all tiers of the supply chain down to raw material level, the drawing shall include details of the supplier names and locations and be identified at each tier using the appropriate symbols. The efficiency and effectiveness of a chart is contingent on firms’ ability to gather and analyze important information through these components.

The good Supply Chain chart must be provides users with a step-by-step explanation of the supply chain security processes and procedures from the purchase order to the final destination. By clicking each step, the user receives an explanation of each stop made along the supply chain, and the definitions associated with each. In addition, users can view supply chain security measures applicable at each step, by rolling the cursor over an adjacent inspector icon.

A typical supply chain charts is made up of many interrelated firms. Basically, component and sub-assembly suppliers are upstream from the manufacturer. Further up the chain are the second tier of suppliers, who provide raw materials. Downstream from the producing firm are the warehousing and distribution channels, then the retail channels and finally the consumer. Thus, the supply chain encompasses the flow and transformation of goods, services and information from the raw materials stage to the customer.

Today’s most efficient Supply Chain Charts use the Internet and associated technologies to move information in real time to those who need to design its. These bits of data > digital strings of zeroes and ones > can be shipped anywhere in the world in seconds at virtually no cost. And with digital products there are no time-to-manufacture delays, inventory shortages or delivery problems.