Supply Chain Management comprehends different practices related to the different links of the value chain.
Some of the benefits of a supply chain management effort:
- Supply Chain Management allows coordination among the stages of a value chain, to avoid unnecessary use of resources.
- Improves assertiveness in forecasting and coordination between departments, reduces operating costs, and increases the services levels provided to the customer.
- Allows the company to be more competitive and have a greater capacity of reaction thorough the proper use of the company’s resources, in transport and warehouse.
- Allows to cope with changes in demand through the development of supplier relationships.