This Supply Chain Management lecture is part of an Operations Management MBA course and provides a structured introduction to how modern supply chains operate within organizations. It is designed for students and professionals who want a clear understanding of supply chain functions and strategic importance.

The lecture begins with an overview of supply chain and logistics concepts, explaining how typical supply chains are structured and managed. It then explores key functions and activities involved in supply chain management, including flow management and coordination across different stages.

A major focus is placed on trends in supply chain management, including globalization, outsourcing benefits and risks, and the role of ERP systems in improving efficiency. The lecture also highlights risk management strategies and common challenges in global supply chains.

You will also learn about ethical issues in supply chain management and how businesses ensure responsible sourcing practices. Additional topics include procurement processes, purchasing cycles, supplier management, vendor analysis, and supplier certification.

The lecture further covers inventory management, logistics operations, order fulfillment, and return management. It concludes with strategies for building an effective supply chain and the trade-offs organizations must consider.

By the end of this lecture, learners will understand how supply chain systems function at a tactical and operational level within real business environments.