A supply chain represents materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies. The ultimate goal of any effective supply chain management system is to:
- optimize inventory & lower total cost of ownership
- lower procurement, transaction & operating costs
- improve margins
- speed time-to-market
- increase flexibility to meet changing market demands
- enhance visibility across entire supply chain
Some companies manage their entire supply chain in-house. More often, companies seek outside expertise to help them manage some or all of their supply chain in an effort to streamline operations and drive efficiencies that will realize real savings.
Supply Chain Management (SCM), is the process the experts use to deliver a company's goods to the targeted audience, at the right time, in the most timely and cost-effective manner possible.
Sounds simple, but in fact, the supply chain can include everything from sourcing and manufacturing of a product, to packaging and warehousing inventory, to managing and promoting sales online through a custom Web store. Additionally, a comprehensive supply chain management offering should include professional expertise to assist with critical business decisions as well as world-class operational capabilities such as live customer service and Web-based visibility and reporting.
In today's world, SCM consists of two major components:
- Physical solutions
- eBusiness solutions
GlobalWare Solutions offers the most complete suite of supply chain solutions available from a single vendor. This means that whether you need an end-to-end supply chain built from the ground up, or just a single module to support one area of your business, GWS can deliver the support you need to accelerate your business performance. |
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