Supply chain management and its role in improving business performance
Supply chain management and its role in improving business performance
Reza Bani Asadi1
1) Master of Business Administration - Strategic Management, Islamic Azad University, North Tehran Branch, Tehran. Iran
IOI Code
:
AZDD-AZFBCK
Publication :
4th.International Congress on Management, Economy, Humanities and Business Development(4icmba.ir)
Abstract :
The extended supply chain includes all the companies that participate in the production of a product. This means that the extended supply chain includes your suppliers suppliers as well as your customers customers. When companies face supply chain problems, the first step is to know the status of the main suppliers. Over the past 20 years, supply chains between manufacturers and retailers have become more interconnected than ever before. Manufacturers with accurate and just-in-time supply chains can consistently stock retail shelves by selling products. By increasing cooperation and providing timely information from supply chain partners, companies were given the opportunity to use advanced analytical tools to further improve results. The research results show that many technologies and tools improve supply chain management solutions. It is used to improve businesses. The scope of technology implementation provides new ways to change the organizational structure from hardware technology to software and information technology for organization. In order to achieve efficiency and effectiveness in supply chain management and improve business performance, five functions can be distinguished, and these five tasks are to some extent a factor for organization. The skill and effectiveness of supply chain management will depend on the competence and correctness of these five functions, which are: structure of supply chain partners, implementation of collaborative communication, supply chain design for strategic profitability, supply chain management information, supply chain cost reduction.
Keywords : supply chain management businesses manufacturers organization