Once upon a time i interviewed for a supply chain leadership position at a small company the head of operations nodded knowingly as i ticked off my accomplishments cost of goods reductions lead time improvements inventory accuracy or supplier relationship management. Strategic supply chain management applying supply chain strategies making your supply chain a competitive advantage is an intermediate workshop designed for leaders facing the challenge of making supply chain relevant to overall business success. 6 strategies for better supply chain management in the current economy stephen slade the years from 2007 through 2009 were notable for their economic volatility reflected not only in the global economic recession but also the instability of customer demand and rapid movement in raw material fuel and commodity prices. To make the most of the relationship between strategic management and competitive advantage a firm should begin my deciding what kind of competitive advantage it wants to obtain and then develop the competencies needed for example if it wants to create a competitive advantage of low prices it will need to invest in the development of its competencies in efficient production supply chain . Apart from this the supply chains can also be of strategic and competitive advantage because a major portion of the cost of goods sold or cogs is made up of the logistics and the supply chain expenses
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