Running head: SUPPLY CHAIN MANAGEMENTSupply Chain ManagementStudents NameInstitutional Affiliation1SUPPLY CHAIN MANAGEMENT2Supply Chain ManagementSupply chain management has a drive that determine the value of changes as well asefficiencies on how the companys strategies get driven. This makes it possible to identify thecustomers needs and determine the appropriate structure of the supply chain (University, 2012).In cases where there is no transparency in handling customers, it results in the bullwhip effect,which counters the supply chain prospects. How Korpela et al. (2017) describes the bullwhipeffect creates problems within supply chains, which even with the rise in demand as it affects theretail-end by amplifying itself upstream through the chain.Minimizing cost in supply management helps in maximizing the profit. Cost reductionserves to attract customers as they consider making sales on goods and services, thus increasingthe profit margin through the sales (University, 2012). With the potential field in cost reduction,it helps relieve the customers of the burden of the complex nature of supply chains today.Assessment of the supply chain helps ...
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