Supply Chain Management
By Administrator | November 24, 2008
Supply chain management involves managing the supply of product within different departments. This supply chain management is becoming very famous with growth in economy. It requires supplying the product holding minimum cost and time. For instance Hogan produces Hogan shoes and Hogan handbags. Hogan wants to enhance its product value and thus want to introduce their new product in market at right time holding minimum cost. Gucci become famous for its product as they produce and market quality products very carefully and market it with different marketing techniques.
Therefore supply chain management not only helping in supplying the right product in right market but also hold minimum time cost and other expenses. Similarly supply chain management enhances the product delivery to different regions of the world. These delivery isn’t possible by the production company alone. Therefore international chains of famous marketing and sales company help these production companies to introduce and deliver these products to all part of the world.
For instance, Tod’s company produces Tod’s shoes and Tod’s handbags. This company is unable to sell its product all over the world. Therefore it took the help of different international marketing channels in order to sale their product round the world. They choose famous international channels, which enhances their product value. Supply chain management help different companies like Prada in order to distribute their product all over the world in safe hands with minimum time cost and other expenses.
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