supply chain management

5 Key Components for Supply Chain Management | The SCOR Model

Supply Chain Management (SCM) is a complex and critical aspect of business operations that involves the flow of goods, information, and resources from the raw material stage to the final consumer. The goal of SCM is to ensure that products are manufactured efficiently, delivered on time, and meet customer requirements, all while maximizing a company’s profitability.

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Verticalization

Industry Verticalisation

Verticalization in the food and beverage industry refers to the process of a company controlling all aspects of the supply chain, from sourcing raw materials to packaging and distribution. This can have a significant impact on a company’s performance and financial indicators, as it allows them to reduce costs, increase efficiency and in some cases, improve the quality of the final product.

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