SUPPLY CHAIN MANAGEMENT IN INDIA

Supply chain management is a set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time, in order to minimize system wide costs while satisfying service level requirements.

SUPPLY CHAIN MANAGEMENT

LOGISTICS Warehousing Transportation Carriers

SUPPLY CHAIN MANAGEMENTFor an Individual Firm

Warehouse TransportationTransportationGoods from Vendor Customer

SUPPLY CHAIN MANAGEMENTThe Need

Greater Competitive Advantage Faster and smaller deliveries to intermediate customers

Greater Value to Customers

Introduces the concept of increased Shareholder value

Reduces Lead Time Gap

SUPPLY CHAIN MANAGEMENTObjectives

BUSINESS GOALS:(Co-ordination of

Manufacturing and Business Processes)

Rapid demand fulfillment

Collaborative Supply chain planning and execution

CUSTOMER GOALS:(Responsiveness and

accountability to Customers)

Give the customer what they want, how they want and when

they want at lowest price

Effective Distribution

System

SUPPLY CHAIN MANAGEMENTIndia

ESTIMATES FOR INDIA* Logistics Spend … IN Rs. 2,40,000 crores (approx. US $ 50 Billion)* Share of GDP …….…… 12-13 %* Major Elements are ( Percentage of Total)

* Transportation ……… 35* Inventories ……… 25* Packaging ……… 11* Handling & Warehousing ....….. 9* Others & Losses ……… 14

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