In covid19 times, Supply Chain Management takes center stage as its agility, flexibility, responsiveness, sustainability, risk management and working capital controls. The People, Processes and Systems are most important part of the same.
Category: Supply Chain
Supply Chain Management encompasses the planning and management of all activities in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with the channel partners, which can be suppliers, intermediaries, third-party service providers, and end customers. In essence, the supply chain integrates Supply and Demand management within and across the company.
Reverse Supply Chain will play a big role towards Sustainability and it will make optimum use of resources as well as create better impression amongst our customers.
2020 was the year of uncertainties which taught an unforgettable lesson to mankind and also gave birth to many new trends. Supply chain is also not an exception and Digitalization is at the core of such trends. Lets checkout Supply Chain trends to watch in 2021.
SSC is a knowledge sharing and networking platform for Supply Chain Professionals across industries and the globe. To expand to further, SSC invites passionate Supply Chain Enthusizasts as Volunteers to join Team SSC!!!
Coco-Cola has evolved and still managed to secure most popular beverage in the world. The secreat behind the success of this product is an examplary Supply Chain management as well as adopting new emerging technologies.
“The world is globalized village and everyone is connected” is still relevant but this made China a Manufacturing hub for the world. But, in 2020 this is no more the scenario and nations as well as organizations are thinking to go for local sourcing rather than being heavily dependent on global supply chain.