Abstract
Every organization with a service or manufacturing entity needs a robust supply chain management in order to gain and maintain a competitive advantage within supply chain alliances and partnerships. An independent firm on its own may not have all the resources to match its competitors. But by having an upstream and a downstream deal of getting the input, processing it into output and then pushing it to the downstream for distribution with effective chain partners, it can face many business challenges.
Through researches and the cases seen in the seminar, we will see that process integration and other efforts along the supply chain will result in improved quality as higher profit margins shall get reflected in the creation of better facilities for manufacturing, product design, research, enhanced customer service etc. The benefits too would be reflected in lower costs and better trust among partners.
