Supply chain management is a commerce term, which is nothing but the management of the flow of goods and services between businesses and locations. This includes the movement and storage of raw materials, work-in-process inventory, and finished goods storage. Supply chain management is defined as the design, planning, execution, control, and monitoring of supply-chain activity. This is with respect to creating net value, building a competitive infrastructure, leveraging worldwide logistics, and many more. Supply chain management encompasses the integrated planning and execution of processes required to optimize the flow of materials, information, and capital in functions that broadly include demand planning, sourcing, production, inventory management, and logistics or storage and transportation.
Supply chain management helps companies who want to make a mark in the world. They help the companies to be more efficient self forward and reach the sky height.
Although supply-chain management has the same goal as that of supply chain engineering. Whereas supply-chain management focuses on a more traditional management and business-based approach, supply chain engineering is more the mathematical model-based.
The capabilities are assessed based on the depth of the supply chain offerings, advisory, and implementation expertise of the supply chain. Based on the recent assessment, some of the top supply chain consulting firms in India are listed below.
EY - EY is at the top of the list of the supply-chain consulting firms in India. The sectors which EY is into are Assurance consulting, Strategy and Transactions, and Tax.
Deloitte - The second top supply-chain consulting firm in India is Deloitte. It offers a wide variety of services such as Audit, Risk Advisory, Tax, Consulting, and Financial Advisory services across the city.
Boston Consulting Group - This is the third leading supply-chain consulting firm in India. They partner with clients from private, public, and non-profit organizations in all sectors to identify their highest-value opportunities.
Strategy& - Strategy& is one of the leading supply-chain consulting service providers in India, where they solve your toughest problems and capture your greatest opportunities. The company was formed in 2014. It is formerly known as Booz & Company combined with PwC to form a new kind of consulting firm, offering different kinds of strategies to solve the most difficult problems a company is facing.
Alvarez & Marsal - Alvarez & Marsal is one of India's top supply chain management consulting, with more than 5000 people across four continents in the world. It was privately founded in the year 1983 that provides advisory, business performance improvement, and turnaround management services. The quality of services offered by this company is supreme. When the conventional approaches are not enough to create transformation and drive change, clients seek extraordinary approaches, which this company provides.
However, the main aim of the supply chain consulting services and management is coordinating with all parts of the supply chain, from supplying raw materials to the redemption of products. As opposed to supply-chain management, a supply chain is a set of organizations directly linked by one or more upstream or downstream products, services, finances, or information from a source to a customer. Supply-chain management is the management of such chains.
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