Supply Chain Management

An increasingly open international environment is a great challenge for enterprises and at the same time brings not only many opportunities, but also much jeopardy. Traditional business practice does not comply with quickly changing customers’ demands, and has the target of maximizing the income of separate functions and minimizing their costs. Often those two goals are achieved, but to the damage of other supply chain participants. Supply chain management emphasises the key issue for all its participants to compose the supply chain as a whole, conquering other supply chains instead of competing among themselves. The enterprise success is related to and dependent on the success of its supply chain.