Establish the Value Management System of Supply Chain

Modern enterprises will gradually evolve into a comprehensive supply chain-based competition.Traditional supply chain management often focuses on the deduction of the process cost or the improvement of the process speed,which ignore the overall value creation.To fully enhance the value of the supply chain and company performance,companies should create competitive advantages in four areas based on the needs of end customers.To establish such supply chain value management system,companies can firstly set up the specific target of supply chain management system started by mission and vision.Secondly,companies ought to give rapid feedback on the changes in consumer demand,adapt to changes in environment,and be consistent in all areas of supply chain.From the view point of process,companies should focus on the key areas of supply chain,such as information systems、relationship、procurement and so on.