Factor of SCM

SPEED

Enabling companies to perform activities that were once never thought possible with the new form of servers, telecommunications, wireless applications, and software.  Other than that, speed is the company's ability to satisfy continually changing customer requirements efficiently, accurately and quickly.

3 FACTORS FOSTERING SPEED

  • Pleasing customers has become obsession by serving them in the best, most efficient and most effective manner has become critical, and information about issues such as order status and product availability has become the necessary part of the total customer service experience.

  • Information is crucial to managers' ability to reduce inventory and human resource requirements to a competitive balance.
  • Information flows are essential to strategic planning for and development and deployment of resources.


EXAMPLE OF COMPANY