Supply Chain Management (SCM) is the management of activities that transforms raw materials into intermediate goods and final products, and then delivers those final products to customers. Companies must manage this chain from the supplier's supplier to the customer's customer. The activities of the supply chain involve sales and marketing, purchasing, manufacturing, logistics, distribution, and transportation.
For most companies, a supply chain that rapidly flows information and material can be a significant competitive differentiator. Why is Supply Chain Management getting lots of attention? Because forward-thinking managers know it is a primary strategy to increase market share, reduce cost, reduce inventories, and improve profits.
They often find that there are no supply chain business rules in place, and that the supply chains lack formal processes, systems, and measurements. For an in depth look into supply chain management, visit Supply Chain Management to learn more.
Marino Associates, Inc. is a nationally known, full-service manufacturing, consulting and education firm. We are dedicated to enterprise-wide improvement in Manufacturing and Distribution firms and have extensive experience in Business Consulting
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