How do supply chain management systems coordinate planning, production, and logistics with suppliers?

• Define a supply chain and identify each of its components.

• Describe some of the issues that arise with supply chains and explain what causes them.

• Define and compare supply chain planning systems and supply chain execution systems.

• Describe the challenges of global supply chains and how Internet technology can help companies manage them better.

• Distinguish between a push-based and a pull-based model of supply chain management and explain how contemporary supply chain management systems facilitate a pull-based model.