Supply Chain Management
Why is it important?
A bad workman always blames his tools – similarly if you are working with materials that are not uniform or consistent
in their quality,or indeed do not arrive when you need them, you will be making life harder for yourself and wasting resources.
Who needs to improve the supply chain
Anyone who relies on others to provide materials or services to their business
What are the benefits :
- Creation of mutually beneficial partnerships that create a win/win situation
- Quality improvement
- Reduction in lead times for deliveries.
- Reduced stock leading to Just in Time stock management
- Improved cash flow
- More time released to concentrate on your own business and customers
|