Supply Chain Management

Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses are involved in the provision of products and services required by end customers in a supply chain. Supply chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.
Posts about Supply Chain Management
  • 7 Lessons For Retail In The Age of E-Commerce

    … be done with a pleasant smile and helping hand at your store. Training your staff to make the shopping experience very friendly and cheerful for the customer can leverage your sales in a big way. Once you have repetitive customers you could find their preferences and work accordingly. 5. Omnichannel Retail Does The Trick E-commerce is getting more…

    Marketing Technology Blogin Affiliate- 25 readers -
  • Clicks, Customers, and Cashflow, Part Three: Profit

    … with a customer” – Wikipedia For AdWords clicks Customer Lifetime Value = (online conversion value + imported offline conversion value) * conversion repeat rate If you sell repeatedly to the same customer – say, a subscription – find the average quantity of these per customer and multiply by the average value. If you don’t know your customer…

    David Rothwell/ 3Q Digitalin Paid Search EMail Google- 23 readers -
  • Digital innovation puts us all in the software business

    … company does what it does. At how many points do your business functions pass through digital channels? It doesn’t matter if it’s back office, customer-facing, supply chain management or whatever, the answer is either 'a lot' or 'entirely', then your success is tied to software. This in fact is a major conceptual shift of how digital experiences…

    Dave Wieneke/ Econsultancy- 2 readers -
  • A call-to-arms for The Agile Era of business management

    … in The Shareholder Value Era, with lean manufacturing techniques such as kanban and just-in-time supply chain management. But software developers at the end of the 20th century were the ones who really flushed out modern agile processes, by breaking big analytical matters into small steps with an emphasis on: Short review cycles Many iterations…

    Scott Brinker/ Chief Marketing Technologist- 12 readers -