Supply Chain Management
Overview
The supply chain encompasses all activities involved in the production and delivery of a product, from sourcing raw materials to delivering the final product to customers. Effective supply chain management is crucial for optimizing operations and reducing costs.
Key Metrics
- Order Fulfillment Rate: 95%
- Inventory Turnover: 6x
- Supply Chain Cost as % of Sales: 15%
- Supplier Lead Time: 3 days
Supply Chain Process
The supply chain process typically includes the following stages:
- Supplier Selection
- Procurement
- Production
- Distribution
- Customer Delivery
