Objectives of SCM
The following are the main objectives of supply chain management.
• To reduce inventory cost
• To increase sales
• To improve the coordination and the collaboration with suppliers, manufacturers and distributors.
Components of SCM System
The components of a supply chain system consist of the following.
1. SCM Software and Hardware
2. Business Processes - Business processes of supply chain include supply chain planning, execution and collaboration and
operational control.
3. Users - The users of SCM system are workers of supply of participants at all levels.
Good
ReplyDelete