Towards a Unified Definition of Supply Chain Management: The Four Fundamentals
A wide range of definitions of supply chain management (SCM) have been developed over the last three decades. The philosophy of SCM is based firmly on a recognition that it is only by working in a more integrated manner that competitive advantage can be maximised. However, for this to become a reality the development of common definitions and understandings between supply chain partners is a critical success factor. The corollary of this is that a lack of definitional consistency and a common understanding is an inhibitor to the successful adoption of SCM thinking in practice. This paper reviews a number of definitions of SCM, as well as discussions and analyses of such definitions. This leads to the central point posited in the paper – the need for a ‘unified definition’. Such a definitional construct, labelled the Four Fundamentals of SCM, is proposed with the core of the paper providing a narrative description of this construct based on a wide range of literature.
Year of publication: |
2011
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Authors: | Sweeney, Edward |
Published in: |
International Journal of Applied Logistics (IJAL). - IGI Global, ISSN 1947-9573. - Vol. 2.2011, 3, p. 30-48
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Publisher: |
IGI Global |
Saved in:
Online Resource
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