A upcoming form of management that many companies are starting to adopt is known as Supply Chain Management. This is a system that coordinates all the activities performed by supply chain members into a seamless process. This form of management seems to be highly beneficial because it helps managers see efficiency and strengths and shows where improvement need to be made. This process is customer driven because it can immediately respond to supply and demand issues. Many companies that participate in this form of management see lower inventory, transportation, and packaging costs. These companies also see high revenues coming in. By incorporating this process into a company it is a better way of staying ahead of the competition this is due to the fact that this process always is putting the customer first.
What companies out there are using supply chain management?
No comments:
Post a Comment