CREATING ADDED VALUE FROM THE SUPPLY CHAIN

Abstract

Increase in the effectiveness and the reduction of costs are still important up-to-date targets for the today’s companies. To achieve good and fast results in these areas, the companies focus their attention on supply chains. The leadership can be gained only by those who, together with partners, will set a supply chain which is flexible, intelligent, and adaptable to the requirements of the market. Although the creation of more integrated supply chains is the ambition of many organizations, many enterprises perceive building such a chain mainly through the prism of their own results. In order to achieve real progress in this area, matters should be seen from a broader perspective. Moreover, the results of all related companies also should be improved and create good partnership. To build an integrated supply chain and management thereof is the only thing companies can do today to improve their results. Thus, more and more often, the relationships binding different phases of logistics, a structure and methods of supply chain management, and its dynamic approach undergo examination. Hence, there is emphasis on the need for keeping these processes in a broader perspective which goes beyond the enterprise.