Supply Chain Management - Making Small and Medium Enterprises (SME) Adoptive and Responsive
One fine morning you get up to find out that your daily bread's price has gone up by 15% and the Kinnaur apples that you savour costs 20% more, you may be wondering what has gone wrong even while the price of ingredients used in bread remain steady. Is it the bread manufacturer or the apple grower who are playing spoilsport? Here the role of supply chain management comes. Something must have gone wrong down the supply chain line. Manufacturing or production, labour, traders, packaging, transportation, competition are some the factors which have driven up the costs.