Supply chain management

SUPPLY CHAIN MANAGEMENT What is supply chain management? Supply chain management is a network of people, businesses, resources, technology and knowledge that work in a cohesive manner to produce, transport, and sell products. The supply chain How supply chain management works management process starts with the supply of raw material and includes all organizations that relate to the product until it reaches its final destination – the consumer. Why supply chain management is important With proper supply chain and logistics management, it is possible to reduce costs while increasing business efficiency. Benefits of supply chain management By minimizing inventory and warehousing costs, strategically selecting transportation options, and eliminating bottlenecks with suppliers, it is possible to obtain increased efficiency. Considerations for Supply Chain Management In implementing an effective supply chain management system, Enterprise Resource Planning and Manufacturing Resource Planning systems are a must. P PIVO T BBIGSHOT INTERNATIONAL INBOUND