What are the benefits of SCM?

Integrating the supply chain by linking processes across organisations Network technology links customers and suppliers through a single network Costs and opportunities are optimized for all companies in the supply chain (Globalization has enabled businesses to integrate customers and suppliers from the supply chain from almost anywhere in the world  with more varied supply and lower prices) Streamlining the supply processes thereby increasing efficiency(input to output) and effectiveness (output to goal) New business models can be developed through integration Will allow us to use Just in time production. Better communication with suppliers