Supply Chain Management

Efficient management of the product- and information flow through the entire supply chain – from selecting a supplier to covering the end users demand – has a big impact on the success of the companies, both talking about physical products and on services.

The customers expect individually tailored products and services, which sets up demands to the flexibility of the supply chain. Furthermore, the technologic development and globalization of the markets make it still harder to compete on the differentiation of the products.

Future success is secured by making all processes of the supply chain more efficient as a whole. Focusing on fulfilling the demands of the customers and end users, the processes of the supply chain must be structured. This is essential to secure a high customer service.

At the same time the supply chain must be competitive, which means that it must be carried out rationally.

The winners of the future will be the companies that satisfy the individual demands of the customers and end users with the lowest possible use of the resources through the entire supply chain.

It demands a structured cooperation between all functions and departments of the company as well in relations with customers and with suppliers.

Supply chain management should therefore be part of the companies´ business strategy.

 

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