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Supply Chain Management

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  • Desislava Todorova

Abstract

This paper introduces a term that has not yet been used in academic literature in this country – supply chain management (SCM), which appeared in business practice in the US in the eighties, but has gained worldwide popularity mostly during the past decade, in many cases being referred to by its English name as part of international lexis. Its definition is still in a process of dynamic development, which gives rise to various and often contrasting opinions. Based on a survey of company and academic publications, the concept of SCM currently gaining ground is presented. The nature and evolution of the notions of supply chain (SC) and SCM, their main elements and structure, the various conceptions comparing them to logistics and logistic chains as well as some fundamental principles of their successful realization are discussed.

Suggested Citation

  • Desislava Todorova, 2004. "Supply Chain Management," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 90-109.
    • Handle: RePEc:bas:econth:y:2004:i:2:p:90-109
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    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F20 - International Economics - - International Factor Movements and International Business - - - General
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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