Supply chain is a process, any innovation in its improvement will result in cost reduction.
No one person is responsible for end-to-end delivery; so, Supply Chain Management (SCM) is really about reducing the friction through and between every stage of product life-cycle. SCM is about managing the flow of information/material from supplier to customer.
SCM needs to consider contingency plan, resource planning, environment (competitive, economic, legal), feedback loop, early supplier involvement, training, to name a few..
Start by creating an end-to-end flow-chart the product delivery, and then iron the wrinkles in the process.
Sometimes it is better to start with easy hanging fruits for quick win; and others it is better to iron-out the largest pain-point first.
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