The Association for Supply Chain Management defines Supply Chain Management as "the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand, and measuring performance globally."
1. Manage Flow
Supply Chain Professionals manage the flow of goods, services, ideas, capital, and information throughout the supply chain.
2. Build Structures
Supply Chain Professionals create structures and systems that best fit the strategic and operational goals of their firm.
3. Maintain Relationships
Supply Chain Professionals develop and maintain relationships throughout the supply chain, whether it be with customers or suppliers.
4. Maximize Profits
Ultimately, Supply Chain Professionals help companies maximize their profits by improving efficiency and effectiveness throughout the supply chain.
