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.

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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why not taking cement at capital goods

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

1 Answers  

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What is ABC Analysis in store

0 Answers   NCC,

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Do you manage supply chain risk?

0 Answers  

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Why is supply chain management important?

2 Answers  

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Is there a typical career path in SCM?

1 Answers  

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

1 Answers  

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what is difference between supply chain and logistics

0 Answers  

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Why do want to join our organization? 2)what value add will bring to the table?

0 Answers   Dalmia Group, Pepsi,

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What is a supply chain?

2 Answers   Exxaro,

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Where can I study SCM?

2 Answers  

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