Supply chain management that leads to enhanced customer satisfaction and attracts a larger audience ultimately results in increased profits for the company.
Effective supply chain management is vital for companies to minimize costs throughout the product life cycle, allowing them to pass along savings to consumers and offer competitive prices.
Supply chain management aims to enhance efficiency by providing insights into operations and processes, leading to increased output and customer satisfaction. It does not result in decreased efficiency.
The primary goal of supply chain management in engineering is to enhance customer satisfaction and gain a competitive advantage by streamlining supply-side activities, maximizing customer value, and offering superior quality products at optimal prices.
Engineers play a crucial role in supply chain management by leading the production of goods, evaluating audience needs, and ensuring efficient and quality operations throughout the supply chain process.
Streamlining supply-side activities is a goal of supply chain management, not a challenge. Challenges include quality customer services, increased costs, risk in the supply chain, and more.
Engineers in supply chain management play a vital role in enhancing customer satisfaction and competitive advantage by ensuring efficient production and operations, resulting in superior quality products.
