supply

A supply chain is not a series of links forged together for a common purpose. That is a nice image. However it minimizes the reality of the chain and how each link in that chain must design its own logistics process to function within the chain.

Businesses whose operations rely on supply chains have to manage inventories of a large variety of assorted items.

Supply chain management (SCM) is one of the key drivers in today's business world with offshore sourcing, foreign competition and global markets.

Global supply chain management has emerged as a major topic in the age of globalization and now it is sitting at the heart of the whole system.

Supply chain management has grown in company importance and value contribution from its roots as "shipping and receiving".

Manufacturers are starting to embrace the aftermarket for increased revenue, stronger customer relationships and more dynamic lifecycles.

It has been said that the key to low costs in an e-commerce environment is through the adoption of a focused supply chain management strategy.

Prices on August contract light sweet crude continue to climb on the New York Mercantile exchange as Tropical Storm Cindy continues to pour water on the Gulf Coast.