Supply Chain Management and Development


 

Distribution used to refer to the service provided by a company for moving goods, in accordance with the customer's needs. At that time, the supply chain concept we now know as it exists was not well-known.

 

Warehousing, a separate function within a company at the time, was removed from the distribution and warehouse links. These two functions merged together to create Logistic as the market demanded more. There were still warehouses and trucks. However, the border was clearer, links stronger, assets shared, costs reduced, and service to the market was better. It was an important step in the evolution.

 

The Best Supply Chain Training next step was to integrate Logistics (Distribution and Warehouse) with Production and Procurement in a single function, Supply Chain. All functions, which were previously separate, are now linked in a logical order.

 

Most companies use five supply chains components to get products to market. These five components of the supply chain are Suppliers (Manufacturers), Distributors, Retailers and Consumers/Customers.

 

Most companies use all five components to offer products to the marketplace. However, not all companies use the same SC model. Some companies do not need to use distributors in their supply chain. These companies take orders and ship the product directly to the customer.

 

Because of its complexity and breadth, supply chain management is a key role in a company. It generates the majority of company costs. Inefficiency can have a devastating impact on the company. However, SC management can have significant benefits for the company.

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