The primary reason for the evolution of the supply chain is the enhancement of communication technologies and practices. Improved communication facilitates better coordination and integration across the entire supply chain, leading to various benefits:
Increased on-time delivery: Achieved through better communication and coordination among supply chain partners.
Increased cost savings: Through efficient communication reducing delays and inventory costs.
Fewer rejects due to poor quality: Enabled by effective information exchange about quality standards and specifications. Thus, increased communication is the foundational factor driving improvements and evolution in supply chain management.
References
Christopher, M. (2016). Logistics & Supply Chain Management.
Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain.
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