The supply chain model determines the upstream and downstream elements of a supply chain. The first is the Supply Operation Reference model, where it was developed by the consortium of industry and the non-profit council (Pettit, 2017). Measure supply chain performance. Where it involves manufacturing flexibility in delivery and order fulfillment, returns processing costs, among others. Another model is the framework which is based on eight key activities. The cross-functional team manages each business process and it. The example includes representatives from purchasing, finance, marketing, manufacturing, and logistics. American Productivity and Quality Center process. Classify the framework as a high-level, industry-neutral business process. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay There are a couple of benefits involved in supply chain management. They include creating dynamic and cost-effective logistics and inventory processes that are more feasible for the supply chain. It also controls the supply chain in warehouse and inventory management easily and quickly. The best way to manage your list and enhance your supply chain logistics is to implement inventory practices. (Van Wassenhove, 2018). Inventory management takes away the input of data errors and shipping errors associated with tracking practices. Inventory management and tracking practices maintain supply chain visibility. Although supply chain management and logistics are the entire universe, the administration must address the challenges it faces. Issues include customer service, cost control, risk management, and planning (Van Wassenhove, 2018). Logistics works tirelessly and overworked to meet the expectations of suppliers and customers. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay In conclusion, a good supply accompanies the organization avoids shipping delays, visibility, revenue losses and chain disruption. Furthermore, the collaborative process such as demand planning and data sharing between business partners reduces risks and bridges the gap.