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Importance of Supply Chain Management

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Supply Chain and Quality Management

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5
Anurag Pandey
Student (University), United Kingdom

Importance of Supply Chain Management

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

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2
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.

 
0
Anonymous
 

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


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

Supply Chain and Quality Management



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