What is SCM?

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APM Inc. Global Supply Chain Management is a strategic initiative used by companies to bring goods and services to customers across multiple regions of the world in an efficient and cost-effective way. It includes critical tasks such as sourcing, procurement, logistics, inventory management, warehouse management and transportation - all while keeping sustainability in mind. Sustainability within the global supply chain has become increasingly important, with companies increasingly looking towards innovative solutions to reduce their environmental impact while optimising operational efficiency. Strategic Sourcing initiatives allow companies to spend less on materials while reducing costs associated with wastage and spoilage. Companies can also utilize a combination of logistic options such as rail, road and sea for transporting goods based on their specific requirements. By implementing efficient global supply chain processes, companies can ensure their goods are delivered in an optimized manner that puts customers first.

APM Inc. SCM Risk Management - Clients continue to expand their operations and managing environmental, social and government risks (ESG) associated with supplier behavior is becoming increasingly important. Contract management, supplier evaluation and process-level risk management are all essential practices to integrate into client strategy. Further techniques such as Advanced Product Quality Planning (APQP) and Production Part Approval Process (PPAP) can be used to identify and analyze the major sources of risk associated with a specific product or process. Finally, creating and implementing a Quality Management System (QMS) plan can ensure that everything is tracked, monitored, and evaluated on an ongoing basis in order to reduce any potential material defects or hazards. In this way, an effective Supplier Environmental, Social and Government Risk Management framework ensures that organizations run smoothly while complying with applicable government regulatory requirements.