Integrating the sides of the business is challenging but it can facilitate improved communications, collaboration and coordination across both functional and organizational boundaries.
The process begins with an opportunity assessment to determine specifically what needs to be purchased, how much needs to be acquired when it needs to be acquired.
QUAD allies Australia, Japan and India have come together to establish a supply chain resilience initiative (SCRI). They’ve struck a Supply Chain Pact with a mission to challenge China’s dominance as an exporter hub.
This shows the level of amazon’s commitment towards the Indian market and gives us a hint about its aggressive investment strategy.
Inventory management is a key component of SRM and necessary for any business involved in buying or selling products.