This is not just another topic. Supply Chain Management (SCM) is more relevant today than ever. In fact, if understood and applied correctly, it can bring significant benefits to companies in terms of costs, deadlines, effectiveness and efficiency.
The Internet and new technologies, such as ERP , have facilitated the exchange of information between different actors and, therefore, have made visible the benefits and results that arise from well-orchestrated coordination and integration.
However, there is still no single definition of SCM, as it is a relatively recent set of management methodologies and software solutions that enable the entire distribution chain to be managed efficiently.
What is Supply Chain Management?
>>>>>In 1982, the first to talk about Supply Chain whatsapp lead Management were two academics, Oliver and Webber, who defined it as a technique for reducing inventories in companies belonging to the same supply chain. The term was used, in particular, to talk about warehouse and stock management.
Later, other definitions were coined that can be summarized in four approaches:
Logistics integration (Tyndall G. 1998).
Vertical integration between companies (Cooper MC, Ellram L. M 1993).
>Management and coordination process (La Londe BJ, 1997).
>Business management philosophy that guides those who work along the Supply Chain towards the creation of value for the customer (Ellram LM, Cooper MC, 1990).
>In any case, the concept concerns the management of the entire how to fix broken links distribution chain, with special reference to logistics and the relationship with suppliers . It is based above all on the forecasting, planning and coordination of the flow of goods, and on the expectations of the end customer
This aims to improve the long-term performance of the various actors operating along the supply chain. For Mentzer, the distribution chain is the set of three or more subjects directly involved – upstream or downstream – in the flow of goods, services, money and information, from raw materials to the final customer.
Finally, to clarify, in 2007 “The Council of SCM Professionals” defined Supply Chain Management as “including the planning and management of all activities involved in researching, sourcing, converting, and managing logistics activities . ”
Along these lines, it also clarifies that it includes “ coordination, integration and collaboration with supply chain partners , which may be suppliers, intermediaries, service providers and customers” and concludes: “In short, SCM integrates and coordinates the Supply Chain and the management of relationships between the different actors in the Supply Chain itself.”
Supply Chain Management Activities
It is important to underline that the scope of Supply Chain fax lead Management’s strategic interest has changed over the years. In fact, previously we focused more on the internal functioning of the company that acted on the market as an entity in itself, without substantial connections with other companies.
What is Supply Management?
In fact, the customer is the axis of the entire distribution system , which also benefits from specific advice from experts in the sector, to obtain the maximum with the minimum use of resources.
What is the purpose of Supply Chain Management in the company?
>>>>>The main objective of Supply Chain Management is to control performance and improve efficiency to optimize the level of service provided to the end customer, rationalizing operating costs and committed capital.
It therefore becomes one of the key drivers on which organizations can focus to increase their competitiveness and customer satisfaction. Today, Supply Chain Management is an integral part of a company’s success. Efficient supply chain management allows companies to reduce time to market, lower product prices and ensure differentiation from the competition .
What is Chain Management?
All this is also thanks to the arrival of the Internet and the widespread use of ICT , which improves customer service, increases communication speed, reduces process costs and guarantees greater corporate flexibility.
In particular, the Internet has made Supply Chain Management strategic , making coor