SUPPLY CHAIN MANAGEMENT
Supply chain management is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows. SCM applications have the potential to improve the time-to-market of products, reduce costs, and allow all parties in the supply chain to better manage current resources so maximising profits and customer satisfaction.
Objectives:
To streamline and align the entire supply chain from processing to the market thus ensuring full attainment of the Company goals and meeting the market needs and demands satisfactorily.
Procedure:
- · Identification of loopholes and hiccups in the system
- · Laying down of the strategies to solve them – Alignment, Efficiency and Cost Saving Measures
- · Apply performance measures for Supply Chain Management
- · Product and process design for Supply Chain Management
- · Demand and Supply Management
- · Inventory Management
- · Logistics management
- · Disposal Management
- · Risk Management
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Performance Management
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