Objectives of SCM

[abhishreshthaa]

Objectives of SCM

A well designed SC is expected to support the strategic objectives of:-

1. Solving supplier’s problems and beyond his level.


2. Customer service performance improvement.


3. Reduction of pre & post production inventory.


4. Minimizing variance by means of activities like standardization, variety reduction, etc.


5. Minimum total cost of operation & procurement.


6. Product Quantity control.


7. Achieving maximum efficiency in using labour, capital & plant through the company.


8. Flexible planning and control procedures.

 

[Business-education]

Advantages of Supply Chain Management

1) Reduced Costs

2) Increased Efficiency

3) Increased Profits

4) Increased productive Output

:SugarwareZ-191:

 

[jitendra05]

Objectives of SCM

A well designed SC is expected to support the strategic objectives of:-

1. Solving supplier’s problems and beyond his level.


2. Customer service performance improvement.


3. Reduction of pre & post production inventory.


4. Minimizing variance by means of activities like standardization, variety reduction, etc.


5. Minimum total cost of operation & procurement.


6. Product Quantity control.


7. Achieving maximum efficiency in using labour, capital & plant through the company.


8. Flexible planning and control procedures.

Hey abhi, thanks for sharing such an important information on the objectives of SCM and it is really going to help many material management students. Well, i am also sharing a document related to definition, nature and objectives of SCM.