Precision Recruitment Skills

CHAPTER 10

SCM Operational Concerns Among Chain Members

Introduction

A supply chain can work well only if the risks, costs, and rewards of doing business are distributed fairly across the network’s members. Metrics and Standards developed by supply chain members will help regulate the supply chain activities in a fair and just manner.¹ The key to ensure that SCM processes can be done efficiently relies on the interdependent coordination and collaboration within chain members. In essence, SCM is a method to integrate various companies on issues of supply and demand in the marketplace BY removing constraints to reach successful SCM business integration. Companies can benefit from SCM to easily coordinate supply chain members’ operations and facilitate ...