SUPPLY CHAIN MANAGEMENT: A supply chain is the process of moving goods from the customer order through the raw materials stage. All organizations have supply chains of varying degrees, depending upon the size of the organization and the type of product manufactured. These networks obtain supplies and components, change these materials into finished products and then distribute them to the customer. Managing the chains of events in this process is what is known as supply chain management. Effective management must take into account coordination all the different pieces of this chain as quickly as possible without losing any of the quality or customer satisfaction.
Why supply chain management?
In the world, companies are looking across the value of innovation management for strategic growth. The performance of scm outputs are as follows:
III. Continuity of supply
Important of supply chain management:
Service orientation: The very basis of supply chains has been to provide superior customer service. Services are all about the value that the customer gets, which in turn depends upon his own perception about what constitutes value. The design, the alignment, the integration of the companies on the supply chain and the coordination between them are all for the customer the ultimate customer.
System orientation: System orientation is at the core of the existence of any supply chain. Synergy due to cooperation and coordination in the main gain of the supply chain.This entails that while getting optimal results for the chain as a whole, the results for the partners on the chain may not necessarily be optimal; these could be