Commercial and Supply Chain Management

The fast growth resulting from globalization and international commerce has turned International Supply Chain Management into one of the most thriving business areas in the modern world. To compete in international markets, companies must constantly utilize the existing approaches for the globalization of different parts of supply and distribution chain.

The rapid development of channels for distribution, selling products, and offering services as well as the diversity of national and international suppliers – in addition to different methods of supply on the one hand and price fluctuation on the other hand – have turned the process of purchasing products and services into a complex phenomenon which necessitates cost management. Accordingly, during the process of supply and purchase, you must pay close attention to precise overlapping of factors such as the time at which you need certain ingredients, materials or services, purchasing schedule and controlling the accessible cash flow, the expenditure for purchasing and maintenance. Therefore, based on previously tested experiential and scientific methods and by performing supportive activities in order to provide the ingredients and essentials for all the different sections of the organization – which is per se done by means of planning the purchase requests and holding short-term and long-term commercial contracts as well as supporting the operations for product purchase, maintenance and storage – implementing the process of supply chain management and sales management can facilitate the current state of affairs in your establishment.