Ketjunhallintaa

Ketjunhallintaa, often translated as supply chain management, refers to the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. It involves the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. In essence, supply chain management integrates supply and demand management within and across companies.

The primary goal of ketjunhallintaa is to improve efficiency, reduce costs, and enhance customer satisfaction by optimizing the flow of goods and information. This can be achieved through various strategies, such as improving forecasting, inventory management, transportation logistics, and supplier relationships. Effective supply chain management requires a holistic view of the entire process, from the origin of raw materials to the final delivery to the end consumer.

Key components of ketjunhallintaa include demand planning, inventory control, warehousing, transportation, procurement, and information technology. Companies employ sophisticated software and systems to track goods, manage inventory levels, and coordinate activities across different stages of the supply chain. The ultimate aim is to create a seamless and responsive supply chain that can adapt to changing market conditions and customer demands.