Transcript
• RESPONSIVE:
Responsive supply chain is an ability to meet customer demand or sustain the customer in market place.
• EFFICIENT:
Efficient supply chain focus is on cost reduction and no resources are wasted on non-value added activities.
SUPPLY:An organization must determine what are their facilities or facilities to produce, both economically and efficiently.
INVENTORY:Further strategic decisions focus on inventory and how much product should be stocked. This is a critical issue for an effective supply chain management. Operational inventory decisions revolved around optimal level of stock at each location to ensure customer satisfaction
FORECASTING STAGES HINOPAK has the following procedure
➢ strategic business planning ➢ production planning ➢ master production scheduling
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