Supply chain management in a nutshell
Supply chain management in a nutshell
Many parameters are taken into account to improve the supply chain and reduce costs:
- Reduce the number of suppliers, so if you can a close relationship, a partnership;
- Reduce the number of contractors to achieve the same goal;
- For finished products, establish distribution channels and shared management of inventory, so customers and suppliers share costs, profits and risks;
- Anticipating the shortage by good historical and forecast demand – and adjusting their stocks accordingly.
In the dynamic environment and with competitors offering similar products, agility and cost factors may be determinants of success or failure. Thus, the closer to a partnership are the relationships with suppliers and customers, the greater the chances of having everyone involved in the process and committed to providing the best product to market.
Proof of the importance of the area is to realize that the big companies already have department, board or management of logistics and / or supply chain, which is gaining increasing importance over the years.
