Supply Chain Management (SCM), embraces
all of the activities related to the flow of products, information
and money from the supplier’s supplier to the clients’
customers.
It includes 4 key processes:
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Planning, between demand and supply. |
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Sourcing, plans and alliances with
suppliers at minimal delivery costs. |
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Manufacturing, maximum flexibility
and speed at low prices, in response to the market. |
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Logistics, efficient movement of
products to customers. |
The supply chain management’s goal
is to synchronize the demand, delivery, manufacturing and
the sourcing activities with reliable and measurable plans,
in such a way that customers will be served at better levels
and lower costs.
The most promising product will not work if it is not sourced,
manufactured and delivered at the appropriate price, amount,
time and quality.
How to know if our supply chains
are not synchronized?
Some signs are:
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Excessive inventory. |
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Increasing costs. |
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Decreasing customer satisfaction. |
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Lost profits. |
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Low performance assets. |
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