Supply Chain Management
Effective supply chain management is critical to competing in today's global marketplace. Basic supply chain management practices will enable you to get the right parts at the right time from your supply base, reducing part delays, quality problems, inventory, and total cost of your product.
A supply chain is the material, information, and services involved in producing and delivering a product or service to an end user. This typically crosses several different organizations.
Supply chain management is a total systems approach to managing the entire flow of materials, information, and services from raw-material suppliers through factories and warehouses to the end customer. This broad field includes functions such as supplier management, distribution planning, forecasting, risk management, and strategic supply chain management.
Learn more through CIRAS' Supply Chain Management for Small- and Medium-Sized Manufacturers series.
Advanced supply chain management practices, such as risk management and strategic supply chain optimization, can move beyond improving cost efficiencies to helping gain an advantage over your competitors and positioning your company for new business opportunities.
CIRAS can help your company in the following variety of areas in supply chain management:
- Theory of constraints: Inventory/Distribution management
- Supplier Measurement and Communication
- Supply Chain Risk Management
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Last updated: 8/9/2013