Supply Chain Management – Advantages
In this era of globalization where companies compete to provide the best quality products to the customers and satisfy all their demands, supply chain management plays a very important role.…
SCM – Agile and Reverse
In this chapter, we will throw some light on two specialized supply chains − ● Agile Supply Chain ● Reverse Supply Chain Agile Supply Chain An agile supply chain can be defined…
SCM – Role of IT
Companies that opt to participate in supply chain management initiatives accept a specific role to enact. They have a mutual feeling that they, along with all other supply chain participants,…
Demand-Driven Strategies
The demand-driven strategies were first developed to understand the impact of inactivity and collection, as information fertilizes the supply chain from the source of demand to the suppliers. Within a…
Push & Pull System
Mostly we find a supply chain as merger of both push and pull systems, where the medium between the stages of the push-based and the pull-based systems is referred as…
Differences in Push and Pull System
The major differences between push and pull view in supply chain are as follows − ● In the push system, the implementation begins in anticipation of customer order whereas in the…
SCM – Integration
Supply chain integration can be defined as a close calibration and collaboration within a supply chain, mostly with the application of shared management information systems. A supply chain is made…
SCM – Pricing & Revenue
Pricing is a factor that gears up profits in supply chain through an appropriate match of supply and demand. Revenue management can be defined as the application of pricing to…
SCM – Inventory Management
As seen under the major objectives of supply chain, one of the basic objectives of SCM is to make sure that all the activities and functions within as well as…
SCM – Networks
The network design in supply chain determines its physical arrangement, design, structural layout and infrastructure of the supply chain. Here the major decisions to be made are on the number,…
