A supply chain, while being an essential aspect of the functioning of the business, can be quite tricky to manage. This is because it is an external factor, and the business does not have full control over all its aspects. The detriment an inefficient or broken supply chain poses to a company is too debilitating for the company to risk. The best strategy is for the business to develop a supplier performance management strategy. This eases the performance of supply duties and ensures that the business performs its functions without delay or stoppage....
