The purpose of this paper is to review the fundamental concept of supply chain management (SCM) and discusses the facts that a road to success in the process of design, development, implementation and operation of a supply chain (SC) is the identification of superior strategies and clear objectives. To understand important SC strategies for a complete success, main strategies need to be identified. The literature of SC is filled with a wide range of strategies applied successfully across various enterprises that reviewed briefly in this paper.
The paper provides key strategies of SCM, and discusses the fact that the vision for the excellent SCM can be built on principles as such as speed, quality, cost, flexibility, quality leadership, customer focused, collaboration, and integrated information system.
To make the excellent SCM successful, management must be committed to high standard of performance including competitive lead times to customers, significantly reduced inventories, world‐class product quality, and reduced process and product complexity.
Because a better management of production system is related to the full understanding of the technologies implemented and the system under consideration, the excellent SCM system including its three As are discussed and metrics used to measure performance are elaborated.
