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Global Manufacturing and Supply Chain Specialist Forum |
Forum Information
The Manufacturing and Supply Chain Specialist Forum is delivered by the Advisory Board Centre as a living research initiative to engage with the manufacturing and supply chain ecosystem. This is a global initiative and our thought leadership must also be reaching beyond borders.
Please complete all questions in support of your thought leadership. Your information will be reviewed by the Forum Chair and included in the panel forums.
Your responses will be held in accordance with our privacy policy. Note, that information provided will be used in our research and may be utilised in market communications. Questions and format are protected by copyright. The Advisory Board Centre (C) 2020
Definitions Table
Manufacturing: The conversion of raw materials, parts or components into products or finished goods using a combination of labour, machinery, tools and chemical or biological processes. It is a key stage within a Supply Chain.
Supply Chain: A cradle to grave series of stages to get a product or service from its original state to the customer and if required, back to the producer for the purposes of returns, reuse or recycling. Typically, it comprises of vendors who supply raw materials, producers who convert the material into products (Manufacturers), warehouses that store and distribution which can involve multiple different intermediaries, such as wholesalers, retailers, distributors, and even the internet, who bring the product to the ultimate user.
Supply Chain: A cradle to grave series of stages to get a product or service from its original state to the customer and if required, back to the producer for the purposes of returns, reuse or recycling. Typically, it comprises of vendors who supply raw materials, producers who convert the material into products (Manufacturers), warehouses that store and distribution which can involve multiple different intermediaries, such as wholesalers, retailers, distributors, and even the internet, who bring the product to the ultimate user.
Note: The above is different to Supply Chain Management, which encompasses the integrated planning and execution of processes (Planning and Enablement) required to optimise the flow of materials, information (data) and capital in functions that include demand planning, sourcing, production, storage and transportation.