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.
Glorious Past is no longer any guarantee for Future Success. A new world is dynamic, turbulent, unpredictable, disrupting and highly complex. Its VUCA – Volatile, Uncertain, Complex and Ambiguous. A new world is demanding agility, speed of response, innovation with calculated risk and adaptability in any system. This VUCA world can be conquered with VUCA only.
Vision, Understanding, Courage and Adaptability.
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