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Balancing Technology, Management, and Leadership
"The art of progress is to preserve order amid change and to preserve change amid order." -- Alfred North Whitehead, 19th century British mathematician and philosopher As Achieve (my first consulting company) was working with our Clients to...
Effective Time Management for Work at Home Moms
If you work from home, you already know how difficult it can be. You've probably had to deal with looming deadlines and mounting work piles mixed in with laundry, squabbling kids and doctor appointments. This article will help you keep your...
Stress Management Tip - Take Control of your Finances
Financial worries can add to the stress levels of individuals. For many families it can become one of the biggest sources of disagreements and tension. The most common financial concern is that the money coming in never ever seems to match the money...
The Ultimate Time Management Tips: 5 Steps To Reaching Your Goals With Minimum Work
Would you like to know how to get 10 times more done in a day than most people do in a week, with less work? Then listen closely. You're about to discover the ONE time management and productivity secret that really works. This little technique is...
Time Management Tips
This week we're going to take a look at your time management skills. Most of us have to work, and the more you can do in the least amount of time, the better. Working smarter frees you up so that not only do you have a job, but you have balance...
 
Defining Supply Chain Management

Companies that deal with inventory will have to have some sort of system in place to effectively manage the supply chain that exists for any type of sales. A system of inventory needs to be as smooth running as possible so that a company is able to fulfill all its orders in a timely manner. If there is a shortage of inventory, sales fulfillment will fall behind and the company is in danger of losing both its reputation and credibility. More and more companies are using some type of supply chain management to keep track of what inventory they have, what is allotted for current sales invoices, what product has been ordered from the supplier, and what inventory is already on route from the supplier. Once this supply chain is running smoothly and efficiently there is little chance of lost sales or dissatisfied customers due to a problem with supply and demand.

Many companies have some employees that are trained in supply chain management to ensure that someone with a working knowledge of the supply and demand process is in charge. This type of management ensures that someone is


capable of making those decisions in an informed and proactive manner. Many times the person in charge of the supply and demand chain will also be responsible for the rest of the employees working in the inventory, shipping, and production area of the company. When someone with the training that is provided by supply chain management is in charge the inventory and production side of a company runs with efficiency and order. The entire company is counting on this efficiency to ensure profits, repeated sales, and future growth.

Supply chain management is becoming more and more popular among many companies as they realize the importance of controlling and managing the product that enters and leaves the company. The more attention that is paid to supply and demand the more success a company will achieve.

About the author:

James Hunt has spent 15 years as a professional writer and researcher covering stories that cover a whole spectrum of interest. Read more at www.supply-ch ain-management-guide.com

 

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The one management thinker every educated person should read Nov 17th 2005 ... The story of Emerson's successful management process is fascinating. ...
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