| Summary: | Supply chain management is designed
to meet customer needs, achieve high performance
within the organization and identify the
ways in which companies continue to innovate,
learn and grow. As a result, the goals of the
support chain management are to reduce costs,
waste, time compression, flexibility in response
capacity, reduce delivery time, eliminate stock
breaks, etc.
In order to achieve business objectives
and goals, making sound and timely management
decisions, entities need a system of
performance indicators. In this way, businesses
identify results by determining how they meet
customers’ needs, understanding their processes,
identifying problems, bottlenecks, losses,
substantiating decisions to be taken, monitoring
implementation and results of decisions
taken, etc.
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