Supply Chain Optimization
IN THIS SUMMARY
A supply chain is a network of interlinked organizations, or constituencies, that has as a common purpose the best possible means of delivering products/services to customers. The chain begins with suppliers that can provide the basic ingredients-raw materials, commodities, subassemblies, etc. And although those who supply the suppliers could be included, this first link is sufficient to start the process. Supply Chain Optimization outlines how the various pieces of the optimization puzzle could be fitted together to make a network that would deliver continuous improvement, total quality, shortest cycle time, the smallest supporting inventories, and the highest possible customer satisfaction, while continuing to maximize earnings.