Supply Chain Model
Supply Chain Model
Every model of supply chain management must include ways to improve efficiency – the gaining of income – of the following activities:
- forecasting and planning of the balance between supply and demand (see How to improve demand forecasting );
- Location of suppliers of raw materials;
- Product manufacturing;
- Product storage;
- Delivery of the product;
- Return the product by the customer, if necessary;
- Feedback through customer service and process improvement where necessary.
Remember that if you get information about the processes and numbers, it is easier to manage them. However, it is good to make sure that the numbers reflect reality, so that management decisions are taken in light of actual knowledge of the process. Moreover, with a background in hand, is less complex to identify weak points, such as dependence on a single supplier or a market.