Why is Supply Chain Management Important?

Supply Chain and Quality Management


New Topic

Anurag Pandey
Student (University), United Kingdom

Why is Supply Chain Management Important?

Can anyone explain to me 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 (...)

Start a new forum topic


More on Supply Chain and Quality Management
Dealing with Conflict Minerals in the Supply Chain
It is is Not the Strongest that Survives in Supply Chain Management
The Big five Metrics for Operations: QCDSM
Integrated Supply Chain Concepts: Theory Versus Reality
Typical Supply Chain Management Challenges
Typical Supply Chain Management Opportunities
Why is Supply Chain Management Important?
Methods for Analyzing a Supply Chain
When is Supply Chain Management More Important? Under what Circumstances?
Organizational Network versus Supply Chain
Calculation of the Inventory Cost in a Supply Chain
🔥Fill Loss Analysis
Supply Chain Operations Reference Model (SCOR Model)
Best Practices
Why does Supply Chain Management have such a Low Profile?
Ethical Supply Chain Managemant
Supply Chain Management Implementation Strategies
Core Elements of the Supply Chain?
What is Service Management?
What is Trade Finance?
Impact of Climate Change on Logistic Management?
Can Wal-Mart SCM Model be Exported?
Typical Enablers of Supply Chain Management
Operations Management
Typical Barriers of Supply Chain Management
Supply Chain Management versus Logistics
Quality Philosophies & Approaches
Influence of EDI, JIT, etc on SC Trust
The 5 R's of 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?
Supply Chain Mapping Methods and Software
Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Supply Chain and Quality Management

About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2021 12manage - The Executive Fast Track. V15.8 - Last updated: 19-4-2021. All names of their owners.