Supply Chain Concept

Supply chain concept focuses on identification, acquisition, access, positioning, management of resources and related capabilities this company needs or potentially needs in the attainment of it’s strategic objectives. For most organizations, logistics settings the distribution involving products; whereas supply management controls the actual strategic sourcing involving direct materials, complete goods, services, money equipment and oblique materials. Both are essential to ensure optimal performance on the supply chain concept. The modern Supply Chain has to be more “Lean”. This imply it should not have access to more stock compared to needed, asset that can unnecessary slow straight down response time and also increase costs.