Advantages & Benefits of Supply Chain Management (SCM) System - AIMS Education

The benefits of supply chain management include improved coordination among different stakeholders, which leads to reduced operational costs and increased profitability. By fostering seamless communication and collaboration, SCM helps organizations anticipate demand more accurately and manage inventory levels more effectively. One of the significant advantages of supply chain management is its ability to optimize resource utilization, ensuring that materials and products are available at the right place and the right time. Additionally, SCM enhances customer satisfaction by delivering products faster and with higher reliability, thereby building stronger relationships with clients.
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Institute of Supply Chain Management:
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Certified Supply & Logistics Professional (CSLP)
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Certified Supply Chain Expert (CSCE)
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Master Diploma in Supply Chain Management (MDSCM)
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Masters in Supply Chain Management
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PhD in Supply Chain Management
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0:00 Introduction
0:35 Higher Efficiency Rate
1:09 0-2 Decrease Cost Effects
1:51 Increases Your Business Profit Level
2:06 Boost Cooperation Level
2:52 No More Delays In Processes
3:17 Enhanced Supply Chain Network
3:58 AIMS' Supply Chain Management Programs

[@h.sheriff606]

Assalamu alaikum,
As per your previous videos you say, loan should be given only at 0% interest and that T&C of repayment in presence of two witness should be written.
My question is why would a lender give a loan which brings him no profit, rather the borrower may delay repaying the money or cause some other problem...
In all the cases, only the borrower is being favoured while the lender gets no profit.
The lender could have invested that money in some business and made some profit rather than lending the money for getting nothing but most likely troubles(like delay in payment,etc..)

[@akandwanahosharon8674]

What are the merits and demerits of collaboration supply chain relationships

[@akandwanahosharon8674]

What are the merits and demerits of collaboration supply chain relationships