Supply Chains are a complex network of activities and organizations that work in unison to create, produce, deliver and store goods and services. This system incorporates diverse components such as inventory control, production planning, logistics, transportation and distribution, among others. The ultimate goal of Supply Chain Management is to optimize customer satisfaction while minimizing costs and maximizing resources. By utilizing the latest technology, employing strategic partnerships and leveraging global economies of scale, individuals and organizations can collaborate to generate maximum value from their supply chain operations.
Want to find out more about procurement?
Access more blogs, articles and FAQ's relating to procurement