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Module 1: What is Supply Chain Management? (ASU-WPC-SCM) - ASU's W. P. Carey School

9790 ratings | 1645945 views
Part 1 of 12 - This module introduces viewers to the field of supply chain management. It describes the complex supply chain of a simple product, a bottle of water. The video also illustrates the importance of supply chain managers and their skill sets in our modern global economy for both manufacturing and service industries. In defining supply chain management, the video also hopes to educate and inspire business students, young and old, about the opportunities available to those with supply chain management degrees. This is the first installment in Arizona State University's twelve-part introduction to supply chain management video series. ASU, the W. P. Carey School of Business, and the Supply Chain Management Department are proud and happy to share this video series with supply chain management departments, supply chain instructors, career specialists in high schools and universities, as well as industry leaders in an effort to inspire a new generation of supply chain management professionals across the country and around the world. Further installments in this series will be made available during the spring of 2010. For more information, visit W. P. Carey's SCM Web site at http://wpcarey.asu.edu/scm or send an e-mail to wpcarey.scm@asu.edu.
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Text Comments (435)
Gazi Sanaul Hasan (2 hours ago)
https://www.youtube.com/watch?v=bVO5UuV590Y&feature=youtu.be
MOI (5 days ago)
What kind of kid would dream about becoming a supply chain manager? that' some sociopathic next level shit
priyanka chavan (5 days ago)
Super...I am learning this subject in this semester
Elo Ofere (6 days ago)
Helpful thanks
Louis B (10 days ago)
I watched this video about 7 years ago to learn what supply chain management is. I just got my Masters Degree in Integrated Supply Chain Management. Thank you so much for simplifying SCM for all of us!
vasil sivilov (11 days ago)
Going to to ASU soon
Lea (20 days ago)
Detailed explanation of SCM as a starter :)
FlippingDigits (21 days ago)
as a 3rd grader, i understood this thank you.
NilSpace (22 days ago)
I love SCM
w m (24 days ago)
I really liked my major after watching this video , Thank you
elj hajar (25 days ago)
The guy is Genius..........
Piumi Herath (1 month ago)
loved it! Thank you
Dominika Łuszcz (1 month ago)
1. What are what are the basic SCM concepts of the case? 2. What are lessons for the mid-level manager to learn for this case?
tangobayus (1 month ago)
This is an excellent series worth every minute you spend watching it.
Teely T (1 month ago)
This is very helpful, helped me understand SCM much better. Thank you!
jackson phiri (1 month ago)
It makes a lot of sense now.
lebeR Ogun (1 month ago)
I so love that this has 1.5 million views
Bader Alaraimi (1 month ago)
wooooooow 😍 🤩
S Gouri (1 month ago)
For free supply chain management course visit https://www.udemy.com/aadini-basics-of-scm
Erick Grigsby (1 month ago)
Very good video, I am looking forward to changing career from teaching to SCM.
TheSlushFund (1 month ago)
As a consumer, this just blew my mind.
Sonu Mirchandani (2 months ago)
Awesome lecture!
boogiemie (2 months ago)
"Welcome to SCM. Where all your childhood supply chain dreams are about to come true" LOL Gonna use that line with my students :D
Oscar Yair Reynaga Martínez (2 months ago)
Well done, It is an interesting review about SCM
Malay Kumar (2 months ago)
Dude....you are amazing. I need to send this video to my Prof. nd tell him. This is how you should teach.
Biniyam Simachew (2 months ago)
Thanks alot!!!!!
Raj Purohit (2 months ago)
Implementation of ERP solution has really helped my business in great way. We preferred Deskera ( https://www.deskera.in/erp/ ) over other ERP solutions available in the market.
Yang Du (3 months ago)
behold, white Obama
Thanh Nguyen (3 months ago)
I need a standard course about SCM.
lee wills (3 months ago)
What is I just buy the water at retail then resale it for 1 dollar a bottle out of a pack of 24 costing 3.99.
LAMOND HAUGHTON (3 months ago)
No wonder Amazon systems automation and AI is becoming more and more dominating from complexity to simplicity. When they implement block chain and use decentralized service's to move their product around traditional supply chain management will become outdated as it is now .
LAMOND HAUGHTON (3 months ago)
Supply chain management is antiquated protectionist system that will be replaced by blockchain and the distributed ledger.
S Gouri (3 months ago)
Well explained about supply chain management. Find out the supply chain job scenario in India, by following the link https://www.youtube.com/watch?v=uz4RI0l-IV0&
Zeze Ruiz (4 months ago)
This was pretty good! Interesting and dynamic!
Holisol Supply Chain Management (4 months ago)
Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible.
khayakazi mqhamane (4 months ago)
You explained SCM very well , thank you
Vitor Rabbit (4 months ago)
And once again, I see a good piece of work that uses good humour and light content. This is the way! THANK YOU!
Gazi Sanaul Hasan (4 months ago)
Difference betwee Logistics & Supply Chain http://sanaulhasan.blogspot.my/2017/11/difference-between-logistics-and-supply.html
Gazi Sanaul Hasan (4 months ago)
For more knowledge about supply chain can read this blog site http://sanaulhasan.blogspot.my/
Miledys D'Atena (4 months ago)
Great explanation! Thanks for sharing this video.
shivam singh (5 months ago)
I have completed my diploma in e-commerce. Should I do a SAP. Pls suggest me what should I do
Shivani Presentation Pulse (5 months ago)
nice video scm in Hindi - #shivanipresentationpulse
Oshadha Jayasekara (5 months ago)
The greatest explanation in youtube history. this video is just amezing. loved it. keep it going
Omar Hammi (5 months ago)
brilliant thank you
Best k (5 months ago)
Dream? Sarcasm,right?
Liusila (5 months ago)
I'm becoming firmly convinced that Supply Management is one of those professions invented by people who manage to pretend their invented job is very important, and no one ever knows what they do, and they have no intention or a way of explaining what it is that they supposedly do.
Sheikh Newaj (6 months ago)
Best one
Aaroah Mittal (6 months ago)
You sir teach good
Tommy (6 months ago)
Thank you so much for the video. I love how they like to train people.
Max Showell (6 months ago)
I'm going to use my gi bill for this
Iggy Iggs (6 months ago)
That, Sir, was an amazing explanation. Thank you
Ahmad Kordestani (6 months ago)
i live in IRAN i don't need those :)
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Ponno Kutir (7 months ago)
You are the coolest teacher i ever saw.
Don Bond (7 months ago)
Even watching this video requires buying a laptop or smartphone, getting an internet connection, electricity, popcorn when then have their own chain of humans and assets.
Priyanka Sharma (7 months ago)
very well sir. thanks
Vo Uub (7 months ago)
I did pay attention to the video but I did not hear the answer to the question.
Jaideep Spal (7 months ago)
Lets take a simple product... like a bottle of water ... clean water...a plastic bottle... nice rhyming techniques
Rushikesh Khode (8 months ago)
tuzyaycha bhosda
Alex Soltani (8 months ago)
Great video on Supply Chain, breaks it down with an energetic presentation! Thank You!
Irfan Sayed (8 months ago)
Wonderful presentation. The very fundamentals described very eloquently and lucidly. Thanks.
Chris Vilakazi (8 months ago)
This video is amazing. Thank you.
MrShadola (8 months ago)
Just landed an intership in supply chain man at a big company, all i have to do now is learn what the actual f*** this is lol
Hardika Kaushal (8 months ago)
Genius
Zachary Taylor (8 months ago)
So is this essentially the same thing as Commodity Management? Thanks.
Alex Jean-Gilles (8 months ago)
great video
Temi Danso (9 months ago)
I’m a visual learner so this helped me so much - thank you!
andre winters (9 months ago)
Well done!
Michael Kaylor (9 months ago)
A Like from Alaska!
Depths (9 months ago)
I can do all that myself. Forklift, truck, and fly it.
Liang Qiao (9 months ago)
superb content! Thank you!
Lydia Shing (9 months ago)
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Saurabh Banerjee (10 months ago)
Haha nice presentation, trust me SCM is not as exiting as it looks like. Its really complicated.
Bill Boss (10 months ago)
What can I do with a associates of business management
Ysf Krwn (11 months ago)
If all operational activities/processes of supply chain (sourcing, making, and delivering) are managed (planned, implemented, and controlled) by a single organization (or a firm), is the organization still considered doing a supply chain management? (e.g. one organization might source their own product's raw material and energy source by themselves, transform those material into finished goods by themselves, and deliver those finished goods to end users by themselves); and if it works, then what is the term 'efficiency' means in supply chain context? is it refer to money spent or natural resource used?
Long Phạm (11 months ago)
5 important steps of Supply Chain Management mentioned in the video at : 4:21. Buy things, Make things, Move things, Sell things and Service things.
English Communicator (11 months ago)
Superb
Madcow Computer (11 months ago)
Do u have Any Video Guide to explain more about what is BMSMA & MCST or FSM !! Any Video Guide have ? Example like this Video Guide: https://www.youtube.com/watch?v=Mi1QBxVjZAw
Souza Gomes (11 months ago)
Por favor, coloque legenda em inglês neste vídeo, tem brasileiros neste canal, rsrs. Obrigado!
Business Optimization Training Institute (11 months ago)
see interesting short tutorial on supply chain (animated) - https://youtu.be/CECG7y8t4WE
Online Tutorials (1 year ago)
Amazing video! For Visit Online Supply Chain Management System https://www.supplychainmanagementsystem.com/
Thaumion (1 year ago)
The funny thing is the only thing they didn't have to buy was the water. They just sucked it up from a lake somewhere.
Otis Hill (1 year ago)
In this video it utilized the case of the water bottle and the procedures it needs to experience before it clears a path to the store. The production network showed that each progression expected to get the water to stores needs to have an equivalent activity. This implies these means require each other to achieve the ultimate objective.
Kori Vernon (1 year ago)
Such a great video! I learned so much about Supply Chain Management, and everything that goes into the price of products. I would have never guessed that my $1.50 contributed to the paycheck of a forklift driver!
Roshan Sathiyakumar (1 year ago)
good explanation some of the things that we didnt no it will help from u
Maria Ortiz (1 year ago)
Thank you! You explained SCM better than my professor. good job!
Zach Hawkins (1 year ago)
Watching this it's hard to imagine anybody makes a profit LOL. However, anybody that thinks CEO's and exects get paid too much are delusional and need to watch this. SO much involved in companies it's crazy!
Sharif Attia (1 year ago)
While he explained Supply Chain Management well, his example was flawed. Anyone noticed how he mentioned insurance, truck, and gas like 200 times? And he is making it sound like all those people are working just for this ONE bottle of water. And not for the thousands of the thousands of other products that stores carry. Yes you can make a $1 per bottle. As a proof, a whole 24 pack that a "consumer" can buy (after all the crap he mentioned) costs $2-3.
Kevin Watson (3 months ago)
well, if a 24 pack costs $2-3 you definitely are not going to profit $1 per bottle....
Sharif Attia (1 year ago)
This guy is living in his own world!
Gayan Weerakutti (1 year ago)
I can't write all these in the paper.
KolorMeBad (1 year ago)
This video just saved the day 😩
π_thoneeer (1 year ago)
I watched this video. I really don't want to be SCM. but I've exam tomorrow and want to pass it.
Djissi Djiraïmadji (1 year ago)
havn't had good ideas on SCM,but you explained helped a lot. Thankyou
Occhio al ragno!!!1!!1 (1 year ago)
So, what's the profit for a bottle of water?
Susan Lee (1 year ago)
ISC is the core of the global supply chain, including planning (on demanding driven),Driven AOP , FOP to S&OP. using the innovation forecast accurate model not MAD to build the total inventory model. to achieve WIN-WIN with Customer. one the Core KPI is Delivery, this is the way we can achieve on the WINWIN result another Core KPI is PPV cost, we build the all commodity cost model to manage the all material gross margin.
Narendar Yellanki (1 year ago)
Its Good video
Gaurav Jindal (1 year ago)
Very good intro
Uwais104 (1 year ago)
I would like to ask what is their role in e-business
chris kris (1 year ago)
Is scm a good major and does it go with information systems? I was planning on majoring in scm and minoring in information systems.
Dj BlackDeer (1 year ago)
Okay, so WHAT THE HELL IS THE PROFIT OFF OF THE SINGLE BOTTLE OF WATER???? #dead