oboloo Glossary

Basic Supply Chain Principles

oboloo Glossary

Basic Supply Chain Principles

The Basic Supply Chain Principles offer businesses a foundation for developing and managing complex, high performing supply chains. These core principles focus on harmonizing internal and external operations within the organization’s value chain in order to deliver goods in an efficient, effective and timely manner. The principles include optimizing customer service, inventory management, logistics, transportation, planning & forecasting, sourcing, distribution channels and warehousing. Coming together under this overarching framework, these principles provide the basis for any successful supply chain operation.