UNDERSTANDING SUPPLY CHAIN & SUPPLY CHAIN STRATEGIES

INTRODUCTION TO SUPPLY CHAIN MANAGEMENT

Integrated and Cooperative Logistics

Supply chain management (SCM) is a necessity for the foundation of all societies. An

effective supply chain meets the needs of both producers and consumers and takes an integrated

approach towards management. If operations in multiple locations are cooperating and

communicating, this may make supply chains much more efficient. Logistics are also much

easier to observe and manage every part of an integrated supply chain in providing inventory and

procurement data that are backed by more than one entity.