Integrated Supply Chain Management: Theories, Models and Methods

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MAGAZINE №3 (80) June 2017


CATEGORY  Supply chain management Terminology in logistics and SCM


Integrated supply chain management is becoming a promising direction of the research; its structure continues to evolve in conditions of integration and synchronization of material, service, information and intellectual flows, which in turn opens up new opportunities for interdisciplinary analysis. Unlike integrated logistics, where the main theoretical and methodological bases are already systematized, in the integrated management of supply chains (mainly, multi-level, called supply networks), this process only gets its development. Therefore, the article analyzes theories, methods, and models, economic metrics, existing terms, and definitions, taking into account the optimization of supply chains and the requirements for reliability, stability, and adaptability. An approach to the formation of integrated management of logistics systems based on the interrelation of the operational, tactical and strategic levels of decisionmaking is proposed. Information technologies, being a basis for supply chain planning, execution, and optimization systems, are recognized as the enabler for the proposed approach to the integrated supply chain management. With the help of IT, it becomes possible to unite the primary business processes throughout the whole chain, as well as using key performance indicators and operational information to identify bottlenecks in supply chains so as to provide their elimination in the most optimal way for the purpose of achieving critical strategies.

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