Supply Chain Management
This incorporates all the features of service provision but with the addition of the following characteristics:
- Identifying sources and managing the purchasing process for the supply of both materials and components.
- Managing the logistics of supply of materials and components to and from the supply chain.
- Kitting and delivery on a just in time basis to the customer’s point of use.
- Providing visibility of materials and components supply across the entire supply chain.
- The benefits of this approach are:
- The customer can focus on their core business.
- The customer has full visibility but without the need to manage every transaction.
- The supply chain is motivated to work together for the customer’s benefit.
- In the final analysis, the previous three points drive lower costs and increase security of supply.