Open Access Journal of Economic Research
ISSN: 3065-9035 | DOI: 10.64030/3065-9035
Safwan Al Salaimeh
It is known that the effective management of any supply chain in the world requires early detection of problems that may occur in the system and to reduce their impact to address the problems of delays and shortages. This research deals with the study of the importance of Supply Chain Management (SCM). Where we see it decided that it is necessary in order to enhance the competitiveness of companies and organizations in the market, where companies need to improve supply chain management, which then leads to reduce the cost of products, improve delivery times, and thus meet the needs of end users.
In this research, a major definition of supply chains will be given, depending on what came in the work of some researchers, whether local or foreign, and the comprehensive definition is which states: “The supply chain is three or more economic units that work to participate directly in the supply movement. external and internal product, service, financing, and/or sourceto-consumer information.” The strategies used in Supply Chain Management (SCM) should be taken into account: the holistic strategy, the channel focus strategy, the individual customer service strategy, and the operational dynamism strategy. By conducting a detailed and accurate analysis of its advantages, in addition to showing and showing the most important disadvantages of these strategies. This is in addition to introducing a model to increase the efficiency and effectiveness of the management of these chains.
As for the results of this research, which is to identify the institutions that are ready to use such a strategy, while preserving the privacy of those companies and their activities. Examples of application in some organizations and results of activities resulting from the use of disaster risk management strategies are presented. And It turns out that the level of development of the SCM is the main factor in the competition between enterprises and networks in a single value chain, and the application of digital rights management strategies helps to improve supply chain management, considering the ever-increasing complexity of logistics processes. A list of positive results from SCM application has been included.