Apparel Industry Management

Apparel Industry Management 3(3+0)

Lesson 16 : Supply Chain Management

Objectives

1. To maximize the overall value generated. To value a supply have generates is the difference between what the final product is worth to the customer and the effect the supply chin extends in filling the customers request.
2. To achieve maximum supply chain profitability supply chain profitability is the total profit to be shaud across all supply chain stages.
3. To reduce the supply chain to maximize total profitability

Supply Chain Management has become a hot competitive advantage where companies are trying to gain an edge to deliver the right stuff in the right amount at the right time.
Supply Chain Manage includes determining

1. Transportation vendors
2. Credit and cash transfers
3. Suppliers
4. Distributors and banks
5. Accounts payable receivable
6. Warehousing and inventory levels
7. Order fulfillment
8. Sharing customer, forecasting and production or information

The idea is to build a chain of suppliers that focus on both waste and maximum moving value to the ultimate customers.