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Thread: Are supply chain management strategies important?

  1. #21
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    Default Re: Are supply chain management strategies important?

    Supply chain management strategies are indeed very important for an organization to optimize its operation and maximize the speed and efficiency of the goods supplied. Here speed is most important as customers values fast services. With optimized strategies, you can expect maximum utilization of resources and avoid unnecessary problems. Also, by applying these strategies we can be cost effective.

  2. #22
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    Lightbulb Re: Are supply chain management strategies important?

    Absolutely. One of the most important pieces of supply chain management strategy is getting visibility into every part of your supply chain. For more info on how to achieve true supply chain visibility, you may be interested in reading the new white paper from Tive: Beyond Visibility: How to Build a Supply Chain That Thinks. You can get a free copy here.

    The white paper offers a new perspective on the challenges of managing a modern supply chain, and the advances that are making the next generation of supply chain visibility possible. In addition, it covers:

    • What are the key elements of a digital supply chain?
    • What new technologies are enabling the digital supply chain?
    • How can my organization use these new capabilities to take waste out of the supply chain?
    • What organizational changes are required to adopt a cognitive supply chain?

    To learn more, download the white paper, Beyond Visibility: How to Build a Supply Chain That Thinks.

  3. #23
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    Default Re: Are supply chain management strategies important?

    In my opinion, it is very important indeed. It will help to ensure that your business gets its products and services delivered as promised to the customers. Without a proper strategy in place, delivery schedules could get jeopardized and inventory could be miscounted which would lead to delays and even unnecessary costs. Thus, a proper supply chain management system ought to be put in place to keep inventory in check.

  4. #24
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    Default Re: Are supply chain management strategies important?

    Yes off-course, strategy is the most important factor while starting a business in supply chain management.

  5. #25
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    Default Re: Are supply chain management strategies important?

    Did you know that supply chain automation can help your organization to shorten order to delivery cycle time by 14%?
    Know more:https://goo.gl/yTFaWJ

  6. #26
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    Default Re: Are supply chain management strategies important?

    Hii
    There are some points I mention it shows the importance of supply chain Management such as
    Boost Customer Service,Reduce Operating cost,Improve Financial Position, Ensure Human survival etc.

  7. #27
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    Default Re: Are supply chain management strategies important?

    Supply Chain Strategies are the critical backbone to Business Organizations today. Effective Market coverage, Availability of Products at locations that hold the key to revenue recognition depends upon the effectiveness of Supply Chain Strategy rolled out.

  8. #28
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    Default Re: Are supply chain management strategies important?

    Not only are supply chain management strategies important, but also it’s particularly important to have absolute control of your strategies. Without a supply chain strategy you will fall behind, succumbing to the constant shifts of the industry or competitors.

    A company that has a supply chain management strategy in place is insulated from the unknown. Any disruptions to the supply chain will be taken care of naturally, avoiding delays that will result in dissatisfied customers and resulting in a loss of revenue. The most effective strategies have the ability to be fluid, something that is necessary in an industry that is constantly changing.

    Hope this helps.

  9. #29
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    Default Re: Are supply chain management strategies important?

    Supply Chain is a complete process that starts from the raw materials and the inbound logistics all the way to the outbound logistics and bringing the idea on the table. Without an efficient supply chain, there would be a lot of bottleneck involved in the organization.

  10. #30
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    Default Re: Are supply chain management strategies important?

    Quote Originally Posted by GenevB View Post
    They are in fact very important, as a bad strategy for a supply chain will get you through a lot of unwanted troubles, without a proper management you will either end up with your racks empty, with too much stuff which it's over the limit date for consumption or with no clients at all.
    Yes, that's true! One of my friend's company almost collapsed because of that.

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