Importance of Supply Chain Management

Supply Chain and Quality Management


Anurag Pandey
Student (University), United Kingdom

Importance of Supply Chain Management

Can anyone explain to me: What are the reasons why SCM is important?


Michel Berscheid
Manager, Luxembourg

Why SCM is Important

Hello, some reasons include:
- Globalization
- Increased cross-border sourcing
- Collaboration for parts of value chain with low-cost providers
- Shared service centers for logistical and administrative functions
- Increasingly global operations, which require increasingly global coordination and planning to achieve global optimums
These trends have many benefits for manufacturers because they enable larger lot sizes, lower taxes, and better environments (e.g., culture, infrastructure, special tax zones, or sophisticated OEM) for their products
SCM for me is the whole of competences for the a design, planning, execution, control, and monitoring of supply chain activities which gives you the opportunity to achieve better coordination and collaboration with all parties involved.


Why SCM is So Important

There are at least 3 main reasons why Supply Chain Management is very important: IMPROVE CUSTOM... Sign up


More on Supply Chain and Quality Management:
Methods, Models and Theories
DIscussion Topics
Why does Supply Chain Management have such a Low Profile?
Ethical Supply Chain Managemant
Implementing Supply Chain Management - Strategies
Core Elements of the Supply Chain?
What is Service Management?
What is Trade Finance?
Typical Enablers of Supply Chain Management
Operations Management versus SCM
Barriers of Supply Chain Management
Supply Chain Management versus Logistics
Influence of ICT on Supply Chain Trust Levels
Quality Philosophies & Approaches
The 5 or 7 Rights of Logistics and Supply Chain Management
Advantages and Disadvantages of Supply Chain Management
Types of Logistics Strategies? Classifications
How to Create a Logistics or Supply Chain Management Vision?
Darwin and Supply Chain Management
Five Metrics for Operations: QCDSM
👀Importance of Supply Chain Management
Integrated Supply Chains
Opportunities of Supply Chain Management
Supply Chain Mapping Methods and Software
🔥High-Level Analysis of a Supply Chain
Organizational Network versus Supply Chain

Supply Chain and Quality Management

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2023 12manage - The Executive Fast Track. V16.0 - Last updated: 31-1-2023. All names of their owners.