What is supply chain management and why is it important PDF?

What is supply chain management and why is it important PDF?

Supply Chain Management can be defined as the management of flow of products and services, which begins from the origin of products and ends at the product’s consumption. It also comprises movement and storage of raw materials that are involved in work in progress, inventory and fully furnished goods.

What do Nike sell?

Nike designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories. Most of Nike’s sales are generated by selling footwear to wholesale customers in North America.

Does supply chain include customers?

The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service.

Why did Nike CEO step down?

Emails show that Mr. Parker was aware of tests of performance-enhancing drugs by Alberto Salazar. The news that Mr. Parker was stepping down as chief executive came as Nike’s stock price hit a high of more than $95 in trading on Tuesday.

What is Mark Parker’s net worth?

Mark Parker Net Worth and salary: Mark Parker is an American businessman who has a net worth of $250 million. Mark Parker was born in Poughkeepsie, New York. He is best known for being the Chief Executive Officer of Nike, Inc.

Where are Nike shoes designed?

Almost all Nike shoes are manufactured outside of the United States. The leading manufacturer of Nike shoes is China and Vietnam each accounting for 36% of the total manufactured world wide. Indonesia accounts for 22% and Thailand for 6% of the Nike shoes that are being produced world wide.

Who is the CEO of Home Depot?

Craig Menear (Nov 1, 2014–)

Why is Nike called Nike?

The company was founded on January 25, 1964, as “Blue Ribbon Sports”, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.

How many shoes did Nike sell in 2020?

The total sale this year in North America was 14, 855 million USD. The sales in Europe, the Middle East, and Africa increased in the year 2020, which shows that the people of these regions preferred Nike’s products due to their quality and comfort. The total sales made in this region were 9,242 million USD.

What is supply chain management PDF?

Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain.

Who is the CEO of Samsung?

Kim Hyun Suk (Mar 2018–)

Is Nike losing money 2020?

Nike reported a loss of $790 million, or 51 cents per share, during the period ended May 31, compared with net income of $989 million, or earnings of 62 cents a share, a year ago. Total revenue was down 38% to $6.31 billion from $10.18 billion a year ago.

What is Donahoe salary?

As Former President and Chief Executive Officer at SERVICENOW INC, John Donahoe made $in total compensation. Of this total $900,000 was received as a salary, $0 was received as a bonus, $0 was received in stock options, $/b> was awarded as stock and $1,302,465 came from other types of compensation.

What is the salary of the CEO of Nike?

Other components of Donahoe’s 2020 compensation: $548,000 in salary, a $6.75 million discretionary cash bonus, and $1.7 million in other compensation. Parker, who now serves as executive chairman, was awarded $18 million in 2020 compensation, making him the company’s second-highest-paid executive.