
Strategic Supply Chain Management
Strategic Supply Chain Management involves planning and managing the flow of goods, services, and information from suppliers to customers to enhance efficiency and create value. It focuses on aligning all aspects of the supply chain, including sourcing, production, and distribution, with the company's overall business goals. By optimizing these processes, businesses can reduce costs, improve quality, and increase customer satisfaction. This holistic approach also involves building strong relationships with suppliers and understanding market demands to respond effectively and remain competitive in the marketplace.