The Supply Chain Analysis is a part of the strategic planning process in which we distribute the final product from their point of origin to their final destination or to the final customers. The Supply Chain analysis is a complete process and working under many effective techniques. The main purpose of the complete supply chain process is to reduce the supply of distribution cost and make possible for the customers to get the high-quality products with efficient value able services.
The Complete supply chain process starts with the purchasing management process in which the manufacturing business use their managerial skills and efforts to achieve the best quality raw materials from the local and international market with the best managerial purchasing negotiating skills and abilities and market or service providers identification.
We can easily say that the Supply chain process is a process in which we identify the product sources, with effective market places and within the reason able prices. The Complete supply chain process is based on the supply chain coordination. The more effectively and efficiently you coordinate and negotiate you get more efficient supplies as per your demand and supply.
The Supply Chain process analysis need vendor identification, vendor selection, negotiation skills and abilities to final the business deals in very effective price and with efficient quality, and finally involving in a very reason able profitable contract with the suppliers to make a future relationship with them.
That all activities help the business to make a very efficient supply chain process to manage their operations demand and supplies effectively and to reduce their inventory management cost.
The Value Chain analysis and the supply chain analysis are the two main factors for a business critical success measurement. Because through both of them we can easily reduce the cost, improve the efficiency, and make an ongoing process towards success and for betterment and innovation.
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