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Sunday, June 30, 2013

Strategic Initiatives Implementing Competitive Advantage

Strategic Initiatives :-
Organization can undertake high profile strategic initiatives including :

Supply chain management (SCM) involves the management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability.

Supply chain management have 4 basic components :

  1. Supply chain strategy - strategy for managing all resource to meet customer demand.
  2. Supply chain partner - partners throughout the supply chain that deliver finished products, raw materials, and services.
  3. Supply chain operations- schedule for production activities.
  4. Supply chain logistics - product delivery process.

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