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Supply chain management (SCM)

Considering the rising complexity of business environment, it is important to pay attention and implement innovations with regard to supply chains, including companies’ logistics services, warehousing systems, purchase and sale operation management.

Below are some issues that companies face in the increasingly competitive and complex environment of supply chain management:

  • Restrictions related to production capacities
  • Steep expenses increases and limited information about expenses
  • Increases in the number of suppliers and a decrease in their efficiency
  • Increase in costs related to equipment maintenance
  • Increase in inventory costs
  • Transportation cost increase
  • Increase in demand from distribution networks
  • Increase of warehouse stock shortages and the number of pending clients’ assignments

Solving these problems by developing and implementing strategies, systems and processes aimed at improving supply chain efficiency helps to enhance company profitability. When properly applied, these instruments can result in considerable competitive advantage.

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