Supply Chain Management Applies to Retailers

Supply Chain Management is the foundation for your business and is a complex structure that includes the companies you supply and those who supply you with products.   The most efficient businesses know that it is more economical to have certain parts sourced elsewhere, saving them time and money in the manufacturing of their product.  And those companies also have their sources.  When applied to Retailers, we are looking at another set of terms which also apply to service organizations: logistics, productivity, capacity, operations, quality management, value, materials management.  Actually these terms are universal and all add up to quality service.