Supply chain management creates a number of benefits that translate to higher profits, better brand image and greater competitive advantage. These include the following:
· better ability to predict and meet customer demand;
· better supply chain visibility, risk management and predictive capabilities;
· fewer process inefficiencies and less product waste;
· improvements in quality;
· increased sustainability, both from a societal and an environmental standpoint;
· lower overhead;
· improvements in cash flow; and
· more efficient logistics.
