Global Supply Chain Management
A chain is only as strong as theweakest link
Supply Chain Management (SCM)
Increasing customer demands and cost pressure require companies to improve efficiency and flexibility of their supply chain. Coupled with the complexity of global supplier and customer networks, supply chain management is a key competitive advantage for companies to operate economically and become successful on the market.
SCM is a major - often even the largest single cost pool in producing and distributing companies. The costs of SCM cover mostly over 20% of a company's total costs. If procurement costs are included the cost pool which can be tackled by Supply Chain optimization is usually well over 50%!
Vorarlberger Nachrichten - press release from 12.05.2012 as PDF