Supply Chain Strategy

Abstract

This chapter discusses the relevance, dimensions, and types of supply chain strategies. It puts forward the key aspect, that is, the supply chain strategy needs to be in line with the firms' business strategy or else the relevance is lost. This chapter relates the supply chain strategy with business strategy as whether a supply chain needs to be cost-efficient or responsive or how to optimize both cost and response time in view of its business strategy, whether to make or buy a product, how to relate supply chain with product and supplier life cycle, and whether the firm needs to pursue push or pull or a dual strategy.