Cheap Supply Chain Management

Not that many years ago, the term Distribution was mostly used for the service within the company that was in charged for moving the goods around, according the needs of sales and customers. The supply chain concept, as we know it today, was not known at that time.

Since Warehousing was separate segment at that time, as a different function within company, the link between Distribution and Warehouse was loosed.

As the demand of the market was growing, these two functions finally merged into Logistic. Still there were warehouse and trucks, but the border was more transparent, links stronger, some assets shared, cost reduced, service to market better. It was a step in the evolution.

Finally, the next step was integration of Logistics ( Distribution and Warehouse ) with Production and Procurement into  http://www.silverjewelleryukshops.com/ united function - Supply Chain. Now all functions that were separate not that long time ago, are now aligned in the logical sequence.

The most of the companies are utilizing five supply chain components in order to bring products to the marketplace. The five SC components are Suppliers, Manufacturers, Distributors, Retailers, and Consumers/Customers.

The most of the companies are utilizing all five components in order to provide products to the market. Still, not all companies are using the same SC model. Some companies are skipping the distributors Links Of London Jewellery UK   component of the supply chain. These companies simply takes orders, product is manufactured and shipped directly to the consumer.

Supply chain management plays a very important role within the company, since it generates most of the costs of the company, due to the width and complexity of the function ( procurement, manufacturing, warehouse, distribution ). Any inefficiency can create tremendous negative impact to the company. On the other hand, good supply chain management can bring significant benefits to the company.

Thanks to the development of technology the different decades brought the following shifts:

1970s. Companies were focused on making internal changes, based on inventory reduction.

1980s. This decade brought three major changes in supply chain management: focus on re-engineering of supply chain cost structures to lower operating costs and assets, shift from costs reduction Pandora Jewellery Sale towards improving customer service and internal integration of logistics within companiy.

1990s. Customer service continued to be in manufacturers' focus.

2000s. New technologies continue to appear and improve.

The traditional view of the SC considers the individual companies and elements within a firm as separate units that represent "functions". In order to provide the product, the supply chain needs to perform Buy Pandora Bracelets  the range of activities that cover different areas, from procurement to customer service. These segments are Procurement, Order processing, Demand Supply Planning, Inventory Management, Warehousing, Transportation and Customer service.

All these processes within supply chain can be associated with the majority of the five components of the supply chain (suppliers, manufacturers, distributors, retailers, and consumers).

Supply Chain Management is one of the topics covered by the Biz Development site dedicated to development of managerial Cheap Pandora Beads  knowledge and skills. Also, do not forget to check My Introspective, in order to learn more about yourself.

Supply Chain Management is one of the topics covered by the Biz Development site dedicated to development of managerial knowledge and skills. Also, do not forget to check My Introspective, in order to learn more about yourself.