A retailer's guide to supply chain management

Summary
During the past few decades, retailers have been facing increasing competitive pressures from a number of sources. In a bid to improve profitability and efficiency, retailers are seeking ways to reduce costs, improve efficiency and enhance customer service through efficient supply chain management. However, to manage the supply chain most effectively, retailers must understand exactly what the supply chain encompasses, its key concepts, and common issues and challenges they may face as they implement a workable strategy.