Integrated Supply Chain Management Definition
Integrated supply chain management (ISCM) is the proactive and reactive coordination of all aspects of the supply chain—including suppliers, manufacturing, distribution, and customers—to create a seamless flow of goods and services from concept to customer.
The goal of ISCM is to optimize the entire supply chain by integrating planning, execution, and delivery into a single system. This allows businesses to respond quickly and efficiently to changes in customer demand while reducing inventory costs.
ISCM requires close collaboration between all members of the supply chain, from suppliers to customers. To be successful, businesses must have visibility into all aspects of the supply chain and be able to share information seamlessly between different departments and partners.
Technology plays a vital role in ISCM, as it enables businesses to collect data from across the supply chain and make real-time decisions based on that data. The use of technology can help businesses reduce costs, improve communication, and increase efficiency throughout the entire supply chain.
