Supply Chain The Way to Flat Organisation - ISBN:9789537619350

Supply Chain The Way to Flat Organisation

Date: 22 April 2011, 10:03

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According to one American professional association, SCM can be defined as a field which encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, SCM integrates supply and demand management within and across companies. Facing this challenge, the companies should make
some fundamental changes, which involves not only the total transparency through Information sharing, but also process integration, organizational structures reengineering, and performance measures change as well. Only the organizations will win who can better structure, co-ordinate and manage the relationships with their partners in a network committed to better, closer and more agile relationship with the final customers.

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