Supply chain management is the streamlining of a business’ supply-side activities to maximize customer value and to gain a competitive advantage in the marketplace or
……………..maximum availability at minimum cost!
Supply chain management (SCM) is therefore an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains cover everything from product development, through to purchasing, production and logistics, to the information systems needed to direct and control these activities.
Ideally SCM will attempt to centrally control or link the production, shipment and distribution of a product usually through its ERP or collaboration system. By managing the supply chain, companies aim at eliminating waste and provide products faster. This means the goals of material planners and purchasers along the chain is to keep tighter control of internal inventories, internal production, distribution and sales inventory replenishment of the company’s product purchasers.
In manufacturing and distribution Companies there are numerous tools and techniques to optimise this supply chain which starts at design and the number of SKU’s to JIT / Pull supply through to forecasting and stock-keeping policies.
New House can advise and help in all these areas bringing together its core competencies by providing a comprehensive service in