What Is Supply Chain
Management?
By Craig Raucher
Introduction
• New York resident Craig Raucher is a management and
operations professional with years of experience in the
shipping industry. Over the course of a 30-year career,
Craig Raucher has developed business skills in areas like
supply chain management. Though the job terminology
was not developed until 1982, supply chain management
is, and has always been, an integral part of large-scale
business operations.
The primary functions of supply chain managers are to
streamline a business’ fulfillment process, find ways to
cut costs, shorten output time, and increase
competitiveness by improving efficiency.
Supply Chain Management
• By effectively connecting the production, shipment, and
distribution processes of a company’s product
development, supply chain management professionals
are able to maximize efficiency, decrease spending, and
make business models more cohesive.
Additionally, supply chain management professionals
stay vigilant of a company’s inventory, economically
comparing previously purchased resources to current
purchasing needs. To be adept in managing the supply
chain process, professionals must have a strong ability to
multitask, excellent people skills, and a solid
understanding of a company’s production practices.

What Is Supply Chain Management?

  • 1.
    What Is SupplyChain Management? By Craig Raucher
  • 2.
    Introduction • New Yorkresident Craig Raucher is a management and operations professional with years of experience in the shipping industry. Over the course of a 30-year career, Craig Raucher has developed business skills in areas like supply chain management. Though the job terminology was not developed until 1982, supply chain management is, and has always been, an integral part of large-scale business operations. The primary functions of supply chain managers are to streamline a business’ fulfillment process, find ways to cut costs, shorten output time, and increase competitiveness by improving efficiency.
  • 3.
    Supply Chain Management •By effectively connecting the production, shipment, and distribution processes of a company’s product development, supply chain management professionals are able to maximize efficiency, decrease spending, and make business models more cohesive. Additionally, supply chain management professionals stay vigilant of a company’s inventory, economically comparing previously purchased resources to current purchasing needs. To be adept in managing the supply chain process, professionals must have a strong ability to multitask, excellent people skills, and a solid understanding of a company’s production practices.