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Tecnology University of

Tecnology University of
Panama
Panama
• Logistics: Faculty
FacultyofofIndustrial
Industrial
Engineering
Engineering
Logistical Engineering
Set of the necessary Logistics Engineering
and supply chain
means to carry out a and Supply Chain
Names:
Lizeth Lucas
particular purpose of a 8-940-533
Names:
Maria Rojas
complicated process. 8-940-
Lizeth Lucas
Krystel López
• Supply chain: Maria Rojas
Are all steps involved in Krystel Lopez
Group:
1CL-111
the preparation and dis-
Group:
tribution of an item for
1CL-111
sale.
• Management:
The organization and
coordination of the ac-
tivities of a business .
Supplier management is what • Costs
most people perceive supply Managing the cost of your
chain management to mean. company's products, the value
•• SupplyisChain
Transport Basics
important since it And, truly, this is where a lot of your overall inventory and
• Supply
enables Chain
trade Specifics
between peo- of supply chain managers logistics expenses.
• ple,Supply Chain
which in Software
turn establishes spend their time.
• civilizations.
Strategic IManagement
find it an inter-
• esting
Small point that transporta-
Business
tion is an enabler of civilizati- Logistics and supply chain
• Operations
on,Wholesaling
but this makes sense, as it aren't the same things. Logis-

enables the ability to trade tics is the management of the
and communicate. movement of goods whereas
supply chain management co- • Accuracy
vers the many other areas Of course, none of the cost
we're discussing here. analyses or metrics are any
good if they are not accu-
rate. Supply chain manage-
Customer service isn't consi- ment needs to make sure
dered part of supply chain. the underlying data that
However, if you look at the drive on-time delivery re-
scope of supply chain mana- ports and other supplier
performance data is accu-
gement's definition in the toi-
rate.
let paper industry.

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