Function
Why is supply chain management so important?
- To gain efficiencies from procurement, distribution and logistics
- To make outsourcing more efficient
- To reduce transportation costs of inventories
- To meet competitive pressures from shorter development times, more new products, and demand for more customization
- To meet the challenge of globalization and longer supply chains
- To meet the new challenges from e-commerce
- To manage the complexities of supply chains
- To manage the inventories needed across the supply chain
Diagram 8 shows a function of SCM
Diagram 9 shows the functional attributes of SCM
Diagram 10 shows how SCM function
Diagram 11 shows the function of SCM
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