Tag: Supply Chain Management

There can sometimes be confusion about exactly what the difference is between supply chain management and logistics. The two may seem similar, but they have different functions. Supply chain management is about the collaboration and partnerships to get the goods from raw material to the end consumer; it is about the partnerships and collaborations within…

Many people might wonder what the benefits of supply chain management are. Is it something that I should really look at for my company? The benefits of supply chain management include teamwork and collaboration, improved quality control, better efficiency and effectiveness, on-time deliveries, maximization of overhead costs, improved cash flow, risk mitigation, and shipping optimization.…