ABSTRACT
The primary goal of Innovative Supply Chain Management is value creation by providing products and services to customers through optimally managed processes, resources, and capabilities. The development of innovative supply chains remains a great opportunity for many organizations. Innovations in supply chain have fundamentally changed the way business is done globally. Opportunities abound for innovation that will automate many repetitive processes and augment others to enhance human performance in supply chains of the future. The supply chain operations reference model is a management tool used to address, improve, and communicate supply chain management decisions within a company and with suppliers and customers of a company. Value Stream Mapping is a method used to define, measure, analyze, improve, and control the flow of the product or element being transformed, which could be inventory, a medical patient, paperwork, or anything in any segment of any value chain.
