Question

What kind of industries are benefit for Supply Chain Management?

(please explain long)

Answer 1

Almost all types of industries are a benefit for supply chain management but The manufacturing industries are more beneficial for supply chain management like Unilever, MacDonald, coca-cola, Dell, Intel, cisco systems, etc. Supply chain important to use in competitive market customer satisfaction at an optimum cost is a key point of success. It offers the company quick delivery of the product to the end-user for a low cost.

The Supply provides another type of benefits for manufacturing companies as

Reduce the cost effects, there are many kinds of ways to reduce cost effect, and SCM software lower down the overall overhead cost by managing the raw material supply at minimum waiting time, prevent from material shortage, process failure, etc.

Raise output, SCM mainly builds to improve communication, collaboration in transportation, material handling, supply, vendors and supplier payment, etc. In the SCM streamline and centralized distribution strategy used and in the manufacturing industries requirement of handling this work is more.

In the planning phase supply chain helpful for manufacturing companies because it provides information about inventory and processes that are key points for planning.

Better Control of inventory, it controls the inventory effectively and efficiently by the short-time analysis of inventory level and prevents from a material shortage.

In the transportation of raw material or finished product, it is more helpful to make the minimum waiting time for manufacturing and supplier.

By considering these points it discloses that Supply chain management is helpful for manufacturing companies more.