Flows in Supply Chain Management

There are various expressions to define supply chain management. The best one will be Supply Chain Management is a total systematic approach to manage flow of Information, material and money between Suppliers and Customers . Let us look at each of these flows in detail and also see how effectively used in companies.   Information Flow Request for Quotation, Purchase order, Monthly schedules, Engineering Change Requests, Quality complaints, Reports on supplier performance flows from Customer side to Supplier. From supplier side to Customer, [...]

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Control Tower in Supply Chain

Control Towers are the central management function in a Supply Chain. It is a combination of System, Process and People that manages and guides the entire supply chain. Control Tower Operations It provides a central one view for all the trading partners in the supply chain.Customers Suppliers Logistics Providers Warehouse opertaorsall of them on the same page with a single source of supply chain truth     Analytics and Dashboard in Supply Chain A dashboard is a key component of a supply chain control tower. It provides a bird’s [...]

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