SUPPLY CHAIN MANAGEMENT 14 RUNNING HEAD: SUPPLY CHAIN MANAGEMENT SUPPLY CHAIN SUPPLY CHAIN AND OPERATION MANAGEMNT Contents Introduction 2 Relationship 2 Business functions 3 Success factors 4 Role of technology in supplier’s relationship 5 Effectiveness of strategies 5 Use of information technology 6 Recommendations 7 Supply chain relationship system 7 Importance of logistics and procurements 8 Effectiveness of Procurement Strategies and Procedures 8 Improving Logistics and Procurement Strategies 9 Systematic order of procurement and inventory control 10 Designing an Economic Order Quantity 10 Role of LI