The approaches that should be taken to develop an understanding of a supply chain process
The approaches that should be taken to develop an understanding of a supply chain process. Supply chain is a process in between company and its suppliers from production and distribution of products to final buyers. Efficient supply chain process can reduce the risk and costs. It provides network between companies and suppliers to produce and deliver products efficiently. To maintain the quality services companies should evaluate their performance. The process of supply chain follows series of steps to fulfil the criteria and demand. To become competitive in market companies should follow the basic criteria of supply chain process which includes: o Plan o Develop(sourcing) o Make o Deliver o Return APPROACHES: o REDUCTION IN THE...