Achieving Competitive Edge Through Supply Chain Management

ACHIEVING COMPETITIVE EDGE THROUGH SUPPLY CHAIN MANAGEMENT Rahul Bhargava ABSTRACT Failed companies. save banks. Panicked markets. Our current economic suffering is being hailed as one of the worst of altogether times. With a sharp blood in spending & wealth, now more(prenominal) than ever, organizations stick realized the need for strategic thought and structured planning. With cut-throat aspiration and increasing input prices, cost reduction and customer focalise is a must to help maintain/increase margins. This is where good confer chain focussing has assumed its insurmountable position. Indias assorted economy ranges from traditional village farming, modern agriculture, handicrafts, to a long range of modern industries, and a multitude of services. The major dispute faced by the allow for chain in India is the speedily changing consumer preferences and SKU proliferation and increasing complexities due to fragmented suppliers. Globalization of supply chain without basic infrastructure facilities is making operations big for the organizations. The use and adaptation of IT in the supply chain management is posing as another challenge for the Indian corporate.

This paper focuses on the how to develop competitive edge by dint of supply chain management by reaching customers faster and delivering more value, and cost saving techniques without compromising on the quality. Improvement in warehouse management, inventory management, procurement strategies, technology, logistics and distribution and outsourcing, there is no denying of the usefulness of these steps, but the key is to ensure every small-arm of the supply chain is performing towards meeting a wizard objective right product at the right focalise in the right quantity at the right time. This requires all operational entities within the enterprise to be integrated through business processes and technological enablers. INTRODUCTION With liberalization of economy and increase in competition due to globalization,... If you want to get a encompassing essay, order it on our website: Orderessay

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