Supply Chain Management In 6 Minutes | What Is Supply Chain Management? | Simplilearn

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  • @SimplilearnOfficial
    @SimplilearnOfficial  8 หลายเดือนก่อน +4

    🔥Explore Professional Certification Courses from Simplilearn - www.simplilearn.com/?Lpp9bHtPAN0&Comments&TH-cam

  • @joyed2851
    @joyed2851 ปีที่แล้ว +91

    If all my college classes were presented this way,, I would retain everything. This helps my brain.

  • @HunterGreer-f1s
    @HunterGreer-f1s ปีที่แล้ว +88

    The answer is technically disposal, but if you are looking to create a sustainable business model and utilize that in your marketing (which in turn increases value for internal and external stakeholders) then you absolutely need to be concerned about disposal. It is a more holistic view of supply chain, but according to most current models the SCOR model is what we look at.

  • @Cgllogistics365
    @Cgllogistics365 ปีที่แล้ว +25

    It explains the fundamentals of supply chain management with a clear case study. Well done!

  • @richmondgabusu8197
    @richmondgabusu8197 2 ปีที่แล้ว +50

    Please do more video on supply chain management. 😊

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +6

      Hope you enjoyed our video! We have a ton more videos like this on our channel. We hope you will join our community!

    • @joerader6532
      @joerader6532 ปีที่แล้ว

      I haven’t ran into any company that actually has fully integrated EDI systems. Someone is still always having to get on computer or phone and order something. Supply chain is so popular now bc of the crap with COVID and shutdowns but don’t stress about it. If you’ve ran and inventory control or warehouse management systems, or purchasing departments, etc then you already know how the supply chain management works.

    • @vishalmiskin1912
      @vishalmiskin1912 ปีที่แล้ว

      I have got the offer for supply chain management in volvo company should i consider it and join??

  • @thealignmentor
    @thealignmentor ปีที่แล้ว +20

    This sounds like a great resource for anyone interested in learning about supply chain management. The use of Apple's case study to illustrate supply delays and production cuts in the iPhone 13 pro adds a real-world perspective to the topic. It's great that the video covers various aspects of supply chain management, including strategy, operations, and job responsibilities. Overall, it seems like an informative and comprehensive resource for anyone looking to expand their knowledge of supply chain management.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว +2

      We are glad that you have enjoyed your learning experience with us : )

    • @sangimangirss700
      @sangimangirss700 10 หลายเดือนก่อน +2

      How are you typing language without any mistakes

  • @akshaysingh7962
    @akshaysingh7962 2 ปีที่แล้ว +72

    As per the case study in the video, Ans=Disposal. But I think that disposal and recycling is also a crucial part of supply chain which will make it a complete circle

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +12

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

    • @mayogamerff8768
      @mayogamerff8768 ปีที่แล้ว +1

      Disposal

    • @arshadnaveen856
      @arshadnaveen856 ปีที่แล้ว

      What if disposal as in delivery ? then ans would be C

  • @609mehtadhruv2
    @609mehtadhruv2 2 ปีที่แล้ว +10

    Got a clear idea of supply chain management . Thanks for this !!!
    And answer is D.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @shreeramkumar1923
    @shreeramkumar1923 2 ปีที่แล้ว +33

    Disposal is the answer.
    Loved the animation and the way it helps to understand! 👌🏼

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +3

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

    • @tynanwilliams3958
      @tynanwilliams3958 ปีที่แล้ว

      Well done mate, you're actually GOATED

  • @rohishcharaya4978
    @rohishcharaya4978 2 ปีที่แล้ว +25

    thanks for mentioning about India seperately.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      Hope you enjoyed our video! We have a ton more videos like this on our channel. We hope you will join our community!

    • @anonymoussingh6116
      @anonymoussingh6116 ปีที่แล้ว +3

      Pheeling pruod 🤩🥳 endian army ☺

  • @jhonlarlapatis8996
    @jhonlarlapatis8996 2 ปีที่แล้ว +21

    D. Disposal ❣️ Please do more videos about SCM. I just got my diploma in SCM and it helps me a lot especially in my career. Worth it to learn and study the SCM.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +2

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

    • @vasugupta6209
      @vasugupta6209 2 ปีที่แล้ว

      From where have you done your SCM?

    • @tynanwilliams3958
      @tynanwilliams3958 ปีที่แล้ว

      Right on brother !!! Flipping legend.

    • @soukainaelkati5960
      @soukainaelkati5960 ปีที่แล้ว

      hello, can i please have your linkdin if u don't mind

    • @Unleashing-Innovation
      @Unleashing-Innovation 7 หลายเดือนก่อน

      Disposal is the answer very fun and exciting videos make more like this

  • @supplychainlogisticstv
    @supplychainlogisticstv ปีที่แล้ว +4

    supply chain efficiency essential for a supply chain.Thanks for the video.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      We're thrilled to have been a part of your learning experience, and we hope that you feel confident and prepared to take on new challenges in your field. If you're interested in further expanding your knowledge, check out our course offerings in the description box.

  • @laserphotography4366
    @laserphotography4366 2 ปีที่แล้ว +14

    Disposal. As the name suggests Supply Chain deals with the supply of goods from the provider of Raw materials to final end product to customers and it's return as well (if any). But not with the disposal of product.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @EnesKaraboga
    @EnesKaraboga ปีที่แล้ว +94

    I couldn't complete the video because of the music.

    • @DANIEL-zu4yp
      @DANIEL-zu4yp 6 หลายเดือนก่อน +9

      Yeah, it's too loud and makes his voice inaudible.

    • @avijitghosh8811
      @avijitghosh8811 5 หลายเดือนก่อน +5

      Where it's that loud?? 🤔

    • @sujitpathare3946
      @sujitpathare3946 4 หลายเดือนก่อน +1

      Same

    • @pg9187
      @pg9187 3 หลายเดือนก่อน

      Yes

    • @osamahosam4252
      @osamahosam4252 2 หลายเดือนก่อน

      Same

  • @lutifatalayo6417
    @lutifatalayo6417 2 ปีที่แล้ว +4

    Your videos are always helpful. Thank you. The answer to the question is disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @athirajoshy5290
    @athirajoshy5290 2 ปีที่แล้ว +33

    I don't think disposal/scrapping can be disregarded in SCM. Scrapping is as important and Sourcing when it comes to warehousing for maintaining warehouse space and hygiene.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +15

      The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @svitlanaavramenko3680
    @svitlanaavramenko3680 2 ปีที่แล้ว +3

    Disposal. The question was answered already. Thank you for the video, very good learning material.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @lesterribbonaar6156
    @lesterribbonaar6156 2 ปีที่แล้ว +5

    The answer is “Disposal” thanks for this very informative and simple illustration, awesome!

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @canadaisgreat
    @canadaisgreat 2 ปีที่แล้ว +6

    Answer is “Disposal” Thank you for this great video!

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +3

      """""""Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

    • @canadaisgreat
      @canadaisgreat 2 ปีที่แล้ว +3

      @@SimplilearnOfficial so where’s my reward? =D

  • @davinadaeze
    @davinadaeze 2 ปีที่แล้ว +4

    the answer is d) disposal,
    the supply chain stage that deals with faulty products is returns, at this point they are sent back to the assembly facility for refurbishment, not disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Congratulations, you got the right answer and are one of our 3 lucky winners of the contest. Please reply with your email ID to this comment to receive your Amazon gift voucher. The answer to the quiz is given below:
      The correct answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns"

  • @shawntalbert
    @shawntalbert ปีที่แล้ว +1

    Supply chain management student and business major here. Disposal is the answer. Especially if the consumer disposes the product. However, if the consumer returns the product, say for warranty issues to get the product repaired or upgraded, that would not fall on disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @alaashublaq6810
    @alaashublaq6810 2 ปีที่แล้ว +3

    I enjoyed this video and got benefits from it thanks for your efforts

  • @saathvikam
    @saathvikam 5 หลายเดือนก่อน +2

    5:05 Option d) disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน +1

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @nithin8005
    @nithin8005 2 ปีที่แล้ว +14

    Theoretically Disposal might be an option for many. But disposal do come under cicular and green supply chain management. There are lot imprtance given to supply chain sustainability by most of the companies now a days. Even the loyal customers of a brand or a company consider sustainability in the brand's or company's end to end Supply chain as a major critirea before choosing their product.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @sethowusuantwi
    @sethowusuantwi 4 หลายเดือนก่อน +1

    Disposal is the answer. Educative.

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @noeddiorazafikely1053
    @noeddiorazafikely1053 2 ปีที่แล้ว +3

    Please do more in-depth videos on the Supply chain management

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +3

      Stick around as we have a tutorial on the same coming up soon.

  • @ma.florisaquijano8261
    @ma.florisaquijano8261 ปีที่แล้ว +1

    such a simple hence a great presentation. the answer is Disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @kostaskaropoulos5084
    @kostaskaropoulos5084 ปีที่แล้ว +3

    Good evening to all. I would say that of these four options, the one that is not under the supply chain is (A). The Logistics and the Manager are responsible for the strategy and the Supply chain for the purely business. It is enough to ask the reason for the existence of coordinators, warehouse managers etc..

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Sorry, The correct answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns"

    • @prithvisyadav
      @prithvisyadav ปีที่แล้ว

      Disposal

  • @emmanuelowolabi12
    @emmanuelowolabi12 2 ปีที่แล้ว +1

    Thank you. Helpful video.
    The answer is Disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @shrijimarga4140
    @shrijimarga4140 2 ปีที่แล้ว +1

    Disposal ! Thank u so much ! i dont need gift from u !!
    Ur channel itself is a gift !! Lots of love ❤️❤️

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +1

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @NrdyPrep
    @NrdyPrep 2 ปีที่แล้ว +3

    Disposal. Although closed-loop supply chains seem to be focused on sourcing materials from returned, trade-in, and disposed products.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @lovelinux308
    @lovelinux308 2 ปีที่แล้ว +1

    Disposal, thanks for your informational video.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @mishupaul6733
    @mishupaul6733 2 ปีที่แล้ว +4

    It will be very effective if you make a master class on SCM.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      Thanks for watching our video and sharing your thoughts. Do subscribe to our channel and stay tuned for more. Cheers!

  • @nusrat7973
    @nusrat7973 9 หลายเดือนก่อน

    Planing operational strategy ➡️ sourcing ➡️ Making ➡️ dilivery 🌻

  • @yuktitekade9525
    @yuktitekade9525 2 ปีที่แล้ว +3

    From the given options, which option does not fall under the stages of supply chain management.
    D) Disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +1

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @pavanraj9997
    @pavanraj9997 2 ปีที่แล้ว +1

    Answer is Disposal . Good insight on Supply chain with an apple 🍎 case study.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @deleenarebello8485
    @deleenarebello8485 2 ปีที่แล้ว +5

    Disposal.
    I was looking for this at last found it. Thank you for this clear explanation 😍

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +1

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @abelpeace4818
    @abelpeace4818 2 ปีที่แล้ว +1

    Disposal is the answer
    Good video understood more about supply chain

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @mervshiwoku
    @mervshiwoku 2 ปีที่แล้ว +3

    All four are supply chain components, disposal is Returns management

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @fazilzaid
    @fazilzaid 2 ปีที่แล้ว +4

    Disposal is the answer

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +1

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @yahyasellami2375
    @yahyasellami2375 2 ปีที่แล้ว +1

    Thank you for the video.
    The answer is D: Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @kiranjattan6364
    @kiranjattan6364 ปีที่แล้ว +4

    Option D - Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @ewartben7
    @ewartben7 2 ปีที่แล้ว +2

    Amazing explanation!

  • @What2DoWhen
    @What2DoWhen ปีที่แล้ว +21

    Of course Disposal shouldn't be the part of supply chain management.

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @MMoments909
    @MMoments909 2 ปีที่แล้ว +1

    Disposal - Thanks for great knowledge.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @soyvoyager7148
    @soyvoyager7148 2 ปีที่แล้ว +24

    Disposal is the answer. Really great illustration and story @simplilearn team!

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +7

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @kaydiankerr
    @kaydiankerr 3 หลายเดือนก่อน

    Very insightful, and easy to understand. Thank you very much!

  • @boonsiewhan390
    @boonsiewhan390 2 ปีที่แล้ว +3

    The Answer is d) Disposal which does not fall under the stages of supply chain management.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @UyenNguyen-uu1it
    @UyenNguyen-uu1it 2 ปีที่แล้ว +2

    Thank you for creation that video, it is very helpful to easy know what supply chain management is. 😀

  • @CarlosRodriguez-hb3vq
    @CarlosRodriguez-hb3vq 2 ปีที่แล้ว +6

    I appreciate the professional production of this video, but the information contained therein seems quite obvious.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว +1

      Hope you enjoyed our video! We have a ton more videos like this on our channel. We hope you will join our community!

    • @logisticsboost
      @logisticsboost 2 ปีที่แล้ว +1

      I guess because this video is kind of introduction to the topic especially for people new in the field...

  • @sasi_4395
    @sasi_4395 ปีที่แล้ว +1

    Fantastic & simple Explanation in short video !

    • @sasi_4395
      @sasi_4395 ปีที่แล้ว

      I'm 27! Looking forward to my Master's in Operations & Supply Chain Management in UK Jan 23.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว +1

      Glad you liked it!

    • @sasi_4395
      @sasi_4395 ปีที่แล้ว

      @@SimplilearnOfficial I'm going to UK this January for my Master's in Supply Chain Management after my Bachelor's in Mechanical Engineer with 5 years industrial Experience. However, many asked what's the outcome of the course!? Instead of explaining a bit , your simple & short video is a fantastic explanation to share them. Thanks for the comments.

  • @jyotiranjanchoudhury2524
    @jyotiranjanchoudhury2524 2 ปีที่แล้ว +3

    Definitely Disposal is not the part of SCM

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @dantruong1164
    @dantruong1164 9 หลายเดือนก่อน +1

    thank you for this video, it is gonna help me a lot

  • @julianlove2044
    @julianlove2044 2 ปีที่แล้ว +4

    Question: From the given options, which option does not fall under the stages of supply chain management.
    Answer: D) Disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @karthicksworld2738
    @karthicksworld2738 2 ปีที่แล้ว +1

    Answer is disposal 😀 your videos are so nice do more.thanks

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @rebeccazaldivar1597
    @rebeccazaldivar1597 ปีที่แล้ว +9

    Disposal is not part of supply chain, but Apple could encourage customers to recycle their phones instead of disposing and have a repository for them

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว +2

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

    • @banurigopalreddy4014
      @banurigopalreddy4014 ปีที่แล้ว

      @@SimplilearnOfficial lol how can you dispose the goods?

  • @sanjaydali5981
    @sanjaydali5981 2 ปีที่แล้ว +1

    the answer is C because it related to manufacturing supply chain starts suppliying delivering raw material for production and delivering final product after manufacturing for the same answer is c

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Sorry, The correct answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns"

  • @endeavor1985
    @endeavor1985 ปีที่แล้ว +1

    Choice D is the correct answer.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @SimplilearnOfficial
    @SimplilearnOfficial  2 ปีที่แล้ว +39

    🔥Six Sigma Certification Course: www.simplilearn.com/quality-management/lean-six-sigma-green-belt-training?QMVideosTapLink&Comment&

  • @yammylifetv5834
    @yammylifetv5834 ปีที่แล้ว +1

    Disposal. Thank you...

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @djdlirio
    @djdlirio ปีที่แล้ว +2

    thank you, is it posible to remove or lower the volumen of the background music. thanks

  • @RebeccaGoff-q2z
    @RebeccaGoff-q2z 6 หลายเดือนก่อน +2

    Great video, easily understood, loved the graphics. Answer is D) Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @shwetadas8201
    @shwetadas8201 ปีที่แล้ว +1

    It's basically "constant outsourcing and collaboration to create a product".
    The answer of the question is Disposal.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @Danish_sweden
    @Danish_sweden 7 หลายเดือนก่อน

    The answer is technically disposal, but if you are looking to create a sustainable business model and utilize that in your marketing (which in turn increases value for internal and external stakeholders) then you absolutely need to be concerned about disposal. It is a more holistic view of supply chain, but according to most current models the SCOR model is what we look at.

    • @SimplilearnOfficial
      @SimplilearnOfficial  7 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @ouroborostaleeater8355
    @ouroborostaleeater8355 ปีที่แล้ว +3

    planning operational strategy is a crucial part of the supply chain. Operational strategy involves determining how the various components of the supply chain will work together to achieve organizational goals. It encompasses the decisions and actions taken to design, plan, and manage the operations of the supply chain network.
    Operational strategy in the supply chain includes several key aspects:
    Demand forecasting: Organizations need to forecast customer demand accurately to ensure the right amount of inventory is available at the right time. Demand forecasting helps in planning production, procurement, and distribution activities.
    Inventory management: Effective inventory management is essential for balancing supply and demand. It involves determining optimal inventory levels, reorder points, safety stock, and managing inventory turnover. Proper inventory planning helps minimize stockouts and excess inventory, improving customer service and reducing costs.
    Production planning and scheduling: This involves determining the production capacity needed to meet customer demand and developing a production plan. It includes activities such as resource allocation, scheduling production runs, sequencing tasks, and managing production flow.
    Supplier management: Strategic decisions related to supplier selection, negotiation, and relationship management are critical for ensuring a reliable and efficient supply chain. This includes assessing supplier capabilities, establishing partnerships, managing contracts, and monitoring supplier performance.
    Logistics and distribution: Planning the movement of goods from suppliers to customers is another aspect of operational strategy. It involves decisions regarding transportation modes, warehouse location, distribution network design, and optimizing delivery routes.
    Technology and systems: Operational strategy also includes the adoption and implementation of appropriate technology and systems to support efficient supply chain operations. This may involve utilizing software for demand planning, inventory management, production scheduling, and data analytics.
    sourcing is a critical component of the supply chain. It involves the process of identifying, evaluating, selecting, and establishing relationships with suppliers who can provide the necessary goods, materials, or services to support the organization's operations.
    Sourcing activities within the supply chain include:
    Supplier identification: This involves researching and identifying potential suppliers that can meet the organization's requirements in terms of quality, price, capacity, lead times, and other criteria.
    Supplier evaluation and selection: Once potential suppliers are identified, an evaluation process is conducted to assess their capabilities, reliability, financial stability, quality standards, and other factors. The organization then selects the most suitable suppliers to engage in business relationships.
    Negotiation and contracting: Sourcing includes negotiating terms and conditions with selected suppliers, including pricing, payment terms, delivery schedules, quality expectations, and other contractual terms. Contracts are established to formalize the relationship and outline the rights and obligations of both parties.
    Supplier relationship management: After establishing relationships with suppliers, ongoing management and collaboration are essential. This involves monitoring supplier performance, maintaining communication channels, resolving issues or disputes, and fostering collaboration to achieve mutual goals.
    Sourcing decisions have a significant impact on the overall supply chain performance. Effective sourcing practices can contribute to improved product quality, reduced costs, increased supply chain responsiveness, and enhanced customer satisfaction. Conversely, poor sourcing decisions can lead to supply disruptions, quality issues, increased costs, and negative impacts on customer service.
    It's important to note that sourcing extends beyond just selecting suppliers. It also involves strategic considerations such as make-or-buy decisions (deciding whether to produce internally or outsource), identifying alternate sources of supply for risk management, and exploring opportunities for supplier collaboration and innovation.
    Overall, sourcing plays a vital role in the supply chain by ensuring the availability of the right materials, goods, or services from reliable and capable suppliers, thereby supporting the smooth flow of products and services to customers.
    the process of making products is an integral part of the supply chain. The supply chain encompasses all the activities and processes involved in creating and delivering products or services to customers.
    The manufacturing or production phase of the supply chain involves transforming raw materials, components, or inputs into finished goods. It typically includes activities such as sourcing raw materials, managing inventory, production planning and scheduling, manufacturing operations, quality control, and packaging.
    Manufacturing processes can vary significantly depending on the industry, product type, and company's specific operations. They may involve various techniques, such as assembly lines, batch production, continuous flow processes, or customized production methods.
    The efficiency and effectiveness of the manufacturing phase are crucial for the overall performance of the supply chain. It impacts factors like product quality, production costs, lead times, and customer satisfaction. Organizations strive to optimize their manufacturing processes to ensure timely production, minimize waste, control costs, and maintain product consistency.
    By integrating the manufacturing phase into the broader supply chain, organizations can achieve better coordination and synchronization across different stages. This integration enables companies to manage the flow of materials, information, and resources more effectively, resulting in improved operational efficiency and customer responsiveness.
    Overall, making products is a fundamental component of the supply chain, and its seamless integration with other stages contributes to the success of the entire supply chain network.
    disposal can be considered as a part of the supply chain, particularly in terms of reverse logistics. Reverse logistics involves the flow of products or materials from the consumer back to the manufacturer or point of origin. Disposal, in this context, refers to the proper handling and management of products or materials at the end of their lifecycle.
    In a typical supply chain, products go through various stages such as procurement, manufacturing, distribution, and finally, consumption. After consumption, products may become waste or reach the end of their useful life. Disposal encompasses the processes and activities involved in managing this waste or end-of-life stage.
    Disposal practices can vary depending on the nature of the product or material. It may involve recycling, reusing, refurbishing, remanufacturing, or properly disposing of waste according to environmental regulations. Efficient disposal practices are essential for minimizing the negative environmental impact of products and materials and for complying with legal requirements.
    Including disposal in the supply chain allows organizations to optimize resource utilization, reduce waste generation, and potentially recover value from discarded products or materials. It is becoming increasingly important as sustainability and environmental considerations gain prominence in business operations.

  • @ayushmali8820
    @ayushmali8820 2 ปีที่แล้ว +1

    Thanks bro for this informative video. It helped me a lot.

  • @Trendnet18
    @Trendnet18 ปีที่แล้ว

    Thanks very well explained I was looking into supply chain attacks.

  • @Larry21924
    @Larry21924 8 หลายเดือนก่อน +1

    Outstanding work! This content is setting a new standard. I recently read a similar book, and it was groundbreaking. "The Art of Meaningful Relationships in the 21st Century" by Leo Flint

    • @SimplilearnOfficial
      @SimplilearnOfficial  8 หลายเดือนก่อน

      WooHoo! We are so happy you love our videos. Please do keep checking back in. We put up new videos every day on all your favorite topics Have a good day!

  • @mishupaul6733
    @mishupaul6733 2 ปีที่แล้ว +2

    It would be better if you make more video of SCM.

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      Stick around as we have a tutorial on the same coming up soon.

  • @Learningnewthings547
    @Learningnewthings547 10 หลายเดือนก่อน +1

    I think D) Disposal is not one of the stages of Supply Chain Management
    And also, thanks for this beautiful informative lecture

    • @SimplilearnOfficial
      @SimplilearnOfficial  10 หลายเดือนก่อน +1

      We're so glad that you enjoyed your time learning with us! If you're interested in continuing your education and developing new skills, take a look at our course offerings in the description box. We're confident that you'll find something that piques your interest!

  • @Ti999
    @Ti999 ปีที่แล้ว +1

    great job on the video and wonderful explanation, please remove the background music it is disturbing.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      We are glad that you have enjoyed your learning experience with us : )

  • @Jaisriram18622
    @Jaisriram18622 ปีที่แล้ว +1

    (D-Disposal) cleared explained

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @neelamshristikanarayan1852
    @neelamshristikanarayan1852 2 หลายเดือนก่อน +1

    D) Disposal

  • @vasanth678
    @vasanth678 ปีที่แล้ว +2

    Source determination is under material management, procurement is under production planning.

  • @948mebsuryakiran9
    @948mebsuryakiran9 ปีที่แล้ว +1

    Thank you❣️

  • @jeremiahjenkins9103
    @jeremiahjenkins9103 ปีที่แล้ว +2

    All of them fall under a Supply Chains' Operation. Planning, a definite. Manufacturing/making of the products. Sourcing and outsourcing. Disposal would also be included with returns to salvage all materials that could be recycled or reused.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @jyothitekumudi
    @jyothitekumudi ปีที่แล้ว

    answer is disposal,because five stages are operational strategies,source,making,deliveryand returns.

  • @technicalarshad1814
    @technicalarshad1814 2 ปีที่แล้ว +1

    Please make more videos on this topic

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      Hope you enjoyed our video! We have a ton more videos like this on our channel. We hope you will join our community!

  • @ArindamGhosh-m6q
    @ArindamGhosh-m6q 4 หลายเดือนก่อน

    Excellent learning g

    • @SimplilearnOfficial
      @SimplilearnOfficial  3 หลายเดือนก่อน

      We are glad that you have enjoyed your learning experience with us : )

  • @brandonmerlyn
    @brandonmerlyn 2 ปีที่แล้ว +2

    Can you make a video about Lean Manufacturing .. Thank you ❤️

  • @hiranyathathsarani
    @hiranyathathsarani ปีที่แล้ว +1

    hey ! the answer is Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @micahsimmzie8179
    @micahsimmzie8179 ปีที่แล้ว +1

    I will go for D

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @sanipaul5091
    @sanipaul5091 ปีที่แล้ว +1

    The answer is C. Making . Because SCM doesn't produce. They are more concerned in the flow of goods and information.

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Sorry, The correct answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns"

  • @Uri.Sab.
    @Uri.Sab. ปีที่แล้ว

    I'll reference your video on my project

  • @pradhumnj1417
    @pradhumnj1417 2 ปีที่แล้ว +1

    Answer is Disposal.
    as it doesn't fall under the five stages of SCM

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @razauddinkm3709
    @razauddinkm3709 2 ปีที่แล้ว +2

    Disposal is the right answer.... I'm a commerce graduate and completed my post graduation specialized in Supply chain and logistics management but still wouldn't able to crack a job. Don't know why...

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @aizaamano
    @aizaamano ปีที่แล้ว +1

    Aside from Apple, what other company has this kind of supply chain management?

  • @felicitybeyuo4164
    @felicitybeyuo4164 ปีที่แล้ว +1

    Per the tutorial of the video the answer is D. Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @African_Child
    @African_Child ปีที่แล้ว +1

    Option D. Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @maearianboter6052
    @maearianboter6052 5 หลายเดือนก่อน

    thank you and God bless!

    • @SimplilearnOfficial
      @SimplilearnOfficial  4 หลายเดือนก่อน

      WooHoo! We are so happy you love our videos. Please do keep checking back in. We put up new videos every day on all your favourite topics Have a good day!

  • @ceylonagro
    @ceylonagro 2 ปีที่แล้ว +1

    best one💚

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      Hello thank you for watching our video .We are glad that we could help you in your learning !

  • @niladrisaha4263
    @niladrisaha4263 8 หลายเดือนก่อน +1

    d. Disposal is the answer

    • @SimplilearnOfficial
      @SimplilearnOfficial  7 หลายเดือนก่อน

      Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns.

  • @vishal5201
    @vishal5201 ปีที่แล้ว +1

    Option d) Disposal

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @Omaravalos633
    @Omaravalos633 2 ปีที่แล้ว +1

    This was a very informative video. I have to do a paper on Supply Chain Strategies, and this was very helpful. I think my paper will get an A after viewing this video. Thanks!

  • @kushalapilla241
    @kushalapilla241 21 วันที่ผ่านมา

    @simplilearan the option is d) Disposal

  • @邱成龙-k8r
    @邱成龙-k8r 2 ปีที่แล้ว +1

    High-quality!

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      Thank you for the appreciation. You can check our videos related to various technologies and subscribe to our channel to stay updated with all the trending technologies.

  • @christyescultura2639
    @christyescultura2639 22 วันที่ผ่านมา

    I now have an idea how supply chain works. And the answer on the question is D. disposal .

  • @deepakkumarjena1117
    @deepakkumarjena1117 ปีที่แล้ว +1

    Disposal is the right answer

    • @SimplilearnOfficial
      @SimplilearnOfficial  ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."

  • @mykmoin
    @mykmoin ปีที่แล้ว

    Disposal is the answer 😊

  • @murtazaAbbas1
    @murtazaAbbas1 2 ปีที่แล้ว +1

    Disposal is the answer for the quiz

    • @SimplilearnOfficial
      @SimplilearnOfficial  2 ปีที่แล้ว

      "Hello! You're absolutely right!. The answer is D) Disposal
      The five stages of supply chain management (SCOR model) are Planning, Sourcing, Making, Delivery, and Returns."