Answer / chaitanya

Improving a process as complex as the supply chain can be daunting, as companies are challenged with finding ways to meet ever-rising customer expectations at a manageable cost. To do so, businesses must identify which parts of their supply chain process are not competitive, understand which customer needs are not being met, establish improvement goals, and rapidly implement necessary improvements.
Industry has long lacked a standard way to measure supply chain performance. Because of this, manufacturers and service providers were unable to use a common assessment tool — benchmarking — in the effort to improve their performance. Moreover, the lack of a common means to describe supply chain processes rendered software selection difficult and usually expensive.

differentiate between quotation analysis and quotation enquiry

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What kinds of jobs (and salaries) are available for SCM graduates?

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Is there a typical career path in SCM?

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Why is supply chain management important?

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why not taking cement at capital goods

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whats KPI and kinds of KPIs

0 Answers   Tesco,

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what is difference between supply chain and logistics

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Where can I study SCM?

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What challenges do companies face as they try to improve SCM?

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theoretically, i know the difference between the three types of RFQ (Catalog, Standard, and Bid), but all i need is a practical example for each one to understand the differences. I'll appreciate your responses.  

0 Answers   Intrasoft,

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What is a supply chain?

2 Answers   Exxaro,

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Do you manage supply chain risk?

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