Supply Chain Management: Ways of Streamlining

Living in a global world, we cannot limit supply chain to only one, two, or even three countries. Hence, supply chain manager's key function now is to continuously reduce the time of goods flow and minimize the number of chain links making the chain more efficient and cost effective. The article outlines key components of the concept of supply chain management. We regard the management concept itself as planning, management and supply chain development on every stage of creation of goods and services: from raw materials supply to an end user service maintenance. We should streamline supply chain management to exclude all barriers, which different stakeholders may face during the flow. SCM-concept helps control the work of existing processing lines in the supply chain management system, create optimal planning what and when we should deliver, taking into account possible limits of capacity and access to raw materials. Currently, the motor vehicles do the major domestic transportation. Motor transport development is one of the most important aspects of effective economy development. In cross border transportation the share of freight transportation is growing compared to other means of transport. However, domestic motor transport and fuel quality have considerable mismatch of environment properties that lag far behind global requirements. Transport companies inside supply chain have moved beyond conventional services, at the same time they have higher market consolidation, integration, and collaboration with different agents that give new demands to transportation in logistics. The article identifies basic methods of supply chain management. We analyzed impact of modern technologies on logistics and supply chain management: 3D printing, radio frequency identification, unmanned aerial vehicles, connected and autonomous vehicles, and augmented reality. Modern technologies provide small and medium enterprises opportunities to use innovative tools to obtain data-driven analytics, visualization, and processing of cargo. In order to make supply chain management efficient, we should use new technologies, modern devices, and tangible assets of high quality.