What challenges do companies face as they try to improve SCM?
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.
Is This Answer Correct ? | 1 Yes | 0 No |
What your expectation salary
differentiate between quotation analysis and quotation enquiry
whats KPI and kinds of KPIs
What kinds of jobs (and salaries) are available for SCM graduates?
what is difference between supply chain and logistics
Where can I study SCM?
What is logistics?
Why do want to join our organization? 2)what value add will bring to the table?
0 Answers Dalmia Group, Pepsi,
Why is supply chain management important?
What challenges do companies face as they try to improve SCM?
Do you manage supply chain risk?
What is ABC Analysis in store