SUPPLY CHAIN MANAGEMENT
The process of strategically managing the flow of goods, services, finance and knowledge, that encompasses the relationships within each organization to realize greater economic value.
In order to achieve this goal, we must support strategic objectives, contribute to the achievement of strategic competitiveness and the enhancement of the competitive advantage, and enhance customer satisfaction.
Supply chain management involves the integration of core areas of knowledge- procurement, operations, and logistics- while supporting knowledge areas such as marketing, finance, human resources, and knowledge management.
SUPPLY CHAIN: FROM SUPPLIER TO CUSTOMER
Today, organizations find it difficult to compete solely as individual corporations. They must rely on effective supply chain management in order to win in this global economy. With relationships extending beyond traditional boundaries, organizations are managing business processes throughout an integrated value chain of multiple companies – from our manufacture to Simcona to you the customer and to our customer’s customer.
COST REDUCTION TO VALUE CREATION
Supply chains are evolving from entities that were primarily tactical to strategic sources of competitive advantage. They are no longer the vehicle for simple cost reductions. They are now strategic partnerships that allow companies to deliver significant and real value. They allow management, buyers, owners and suppliers to form long term co-destiny relationships.