How can supply-chain management (SCM) help a company establish a competitive advantage?

Anonymous
timer Asked: Dec 2nd, 2015
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Question Description

How can supply-chain management (SCM) help a company establish a competitive advantage? What are ways that companies can improve their supply chains?

Tutor Answer

Elvine
School: UT Austin

Thank you for the opportunity to help you with your question!

supply and chain management can help a company establish a competitive advantage by identifying their competitors, identifying the customers' need and implementing tracking and mobile technologies.

companies can improve their supply chains by identifying their innovative partners, segmenting their supply base, getting rid of spread sheets and establishing supply chain metrics.

Please let me know if you need any clarification. I'm always happy to answer your questions.

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Anonymous
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