Supply Chain Management Problems

Supply Chain Management Problems

—  Supply chain management (SCM) is the process of planning, implementing, and controlling the operations of the supply chain as efficiently as possible. Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point-of-origin to point-of-consumption.

   -Distribution Network Configuration: Number and location of suppliers, production facilities, distribution centers, warehouses and customers.

—  -Distribution  Strategy: Centralized versus decentralized, direct shipment, Cross docking, pull or push strategies.

—  -Information: Integration of systems and processes through the supply chain to share valuable information, including demand signals, forecasts, inventory and transportation

—  -Inventory Management:  Quantity and location of inventory including raw materials, work-in-process and finished goods.

—  -Cash-Flow:  Arranging the payment terms and the methodologies for exchanging funds across entities within the supply chain.

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