The goal of an effective supply chain is to deliver enhanced customer service at the least total cost for the total supply chain across all trading partners from original source to final consumer.
One of the major thrusts for business success is to develop a comprehensive supply chain strategy to support overall business objectives.
Supply Chain Management Best Practices
Understand the key processes in your organization and how they relate to each other
Define key performance indicators – measures that can be used to evaluate process performance
Measure performance against best-in-class benchmarks
Use simple graphics to communicate opportunities for improvement
Manage risk and capture improvement opportunities