Importance of SCM
scM plays a vital role in organization adivities and an essential element to operationaleficiency which can be applied to customer satisfaction and company's success. You can say that it is just like the badkbone of an organization which managesthe critical issues of the business organization such asrapid growth of multinational corporations, global expansion and environmental concerns which dramatically affects the corporate strategy. indirectly or other benefits and importance ofsupply chain management are: Reduces inventory costs Provides better medium for infomationsharing between partners Improves customer satisfaction as well as service Maintains better trust between partners Provides effident manufacturing strategy Improve process integration Improves bottom line (by decreasing the use of fixed assets in the supply chain) Increase cash flow Improves quality and gives higher profit margin Activate A 4x