Supply Chain Management

Introduction <Tab/>Understanding mechanisms of relations in the global network of suppliers, manufacturers, and distributors will aid companies to produce and distribute the right quantities to the correct locations at the right time. This will minimize costs while satisfying clients. Supply Chains are very complex systems and are vital for successful business. <Tab/>Innovative companies have found they can control bottlenecks and backlashes by improved supply chain …

…thus allowing HP to cost-justify changes in the supply chain network to optimize inventory distribution. <Tab/>Now that supply chain management has had time mature, HP faces the challenge of convincing its strategic partners to cooperate in a new venture: collaboration across multiple nodes of the supply chain among various partners. References Chase. (2003) Operations Management for Competitive Advantage, Tenth Edition <Tab/>The McGraw-Hill Companies. www.hp.com