A supply chain compromises the individual and the business’s contributions involved in producing a product. Since choosing the vendor for raw material to processing and till finished merchandises and delivery to customers.
Therefore, this sector in business has high importance as per the requirements; and developing it would impact more on the profitability and more customer satisfaction.
Supply Chain Management:
Keys of a Supply Chain Management:
Planning
The required amount of raw material should be measured and planned for order according to the market forecast
Vendors:
Vendors should be tested and examined for the specs of the specified materials required for the product. The quality control and quality assurance check for that and document the reports for that as per the GMP.
Processing:
The exact amount for every batch should be measured and sent to the manufacturing according to the plan.
In Shipment:
The supply chain in the shipment phase should be monitored as per requirements as per the Goods delivered and traced.
Furthermore, proper planning and cost-effective logistics would eventually save much cost for the company and as well as the society and environment. (Cost Effective Thinking)
Developing each sector of the Supply Chain and managing it properly, even developing it by computerization and wirelessly hubbing the action plan would help efficient logistics in the manufacturer till delivering the product in good quality as supply chain rules to customers.
Therefore, better delivery time, better customer satisfaction and thereby reaching our goals of success as well as sustainability and gaining reliability of the customers.
Supply Chain Management (SCM) Development