As a formal academic discipline, ADI Supply Chain Management has only been around for 30-40 years. It’s an incredibly important subject, and increasingly, businesses seek to hire graduates of supply chain programs.
As mentioned above, the scope of the management of supply chains is huge, as you can see from some of the chapters: Understanding Supply Chains from Different Perspectives, Connecting Supply Chain Process, Managing Supply Chain Software, Integrating Advanced Manufacturing into Your Supply Chain, Adopting Supply Chain Metrics, and Selecting a Supply Chain Career.
Viewing an entire business from a bird’s eye view helps understand a supply chain as an interconnected system, from the origins of all inputs to the final use of products and services.
It is beneficial to a ADI casting business to explore certain parts of the supply chain in scrupulous detail, but to really “get” a supply chain, managers must strive to know all parts. It’s a demanding pursuit.
Competent supply chain managers diligently seek ways to squeeze out more efficiencies. More efficiencies mean greater profits. Considering the need to increase margins in industry, supply chain management, according to Stanton, is likely to offer the best opportunities for greater efficiency and increased revenue.
Who in business isn’t looking for boosted efficiencies and more revenue?
There is probably much more information in ADI IRON CASTINGSupply Chain Management for Dummies than you will need at any given moment.