What are the 4 pillars of supply chain?
What are the 4 pillars of supply chain? Every action related to delivering a product or service from its materials to the customers is managed by Supply Chain Management. Through this process, decisions are planned, things from suppliers are ordered, products are made, and they are quickly delivered. In essence, SCM attempts to improve the complete process to give more benefits to customers, lower costs, avoid waste, become more adaptable, and outperform competitors. This makes the process smoother and helps make it faster without creating any troubles or inconveniences The Four Pillars of Supply Chain: SCOR is a popular approach for outlining the four pillars of supply chain operations in comparison to many different models. This discussion covers the four important pillars for you to consider. Plan: In this pillar, attention is given to the leading strategies used in supply chain management . The objective is to plan and bring together supply and demand so that custome...