Significance of Agile supply chain management in a volatile market place:

Agile supply chain is not the option available in market but a necessity for the success of the company.

Agile supply chain is the solution to the many problems that exist in today‘s supply chain management networks. This concept has been recognized, as a solution to increase the responsiveness of a supply chain in a more changing environment. Today‘s supply chain compete on various strategies, but the most commonly used one is agile strategy. Because this strategy anticipates demand fluctuations in a volatile market demand patterns. Also this solution has facilitated the suppliers to manage their own data through self-service functionality.

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