This paper outlines some of the
strategies of effective supply
management and explains how these strategies can contribute
to the overall success of a company. The paper discusses many aspects of supply chain
management, including inventory
strategies, risk-management and decision making aspects, operations and communications aspects, and customer relationship aspects. The importance of organizational culture, motivation and guidance, and technology are also discussed in the paper, as well as the need for a company's management to be flexibly in applying its strategies, since there is no "one size fits all" approach to supply chain management.