Friday 4 November 2016

Open New Possibilities With Integrated Supply Chain Management

“You can’t do today’s job with yesterday’s methods and be in business tomorrow.”-Anonymous


The term “supply chain management” was coined, when Keith Oliver, a consultant at Booz Allen Hamilton, used it in an interview for the Financial Times in 1982. Since then, the term has changed the way in which the businesses are done, especially the ones that involve regular contact and delivery of goods to the customers.

Integrated supply chain management is the newest and the most successful method of managing ones business processes. The entire process involves building a network that inter-connects the flow of goods and services. It ensures movement and storage of raw materials, inventory management and transportation of finished goods from point of origin to point of consumption.

The purpose behind using it is simple, it is meant to simplify the entire business management process. It ensures timely delivery of goods, facilitates increased visibility in the market, improved customer relationships and smooth maintenance of an intelligent supply chain.

Supply chain service providers have come up with logistics and supply chain management software that helps different kinds of business firms to enhance their business operations and gain better revenue.