Re-Configuring Supply Chain Management

摘要

Supply chain management, as we know it, grew into its own in the 1980s, evolving from the logistics-oriented model that most manufacturing companies then had in place. As resource optimization and efficiency became business buzzwords, this function soon became a central part of business strategy and planning. Today, with globalization emerging as a dominant business trend, manufacturers have to contend with greater intricacy and complexity in decisions concerning products, prices and profits. It also means that companies have to re-examine their manufacturing, distribution and sourcing processes spanning multiple suppliers and business partners. In short, companies have to reconfigure their Supply Chain Management CSCM) systems in order to retain a competitive edge.