Tax efficient supply chain management is a business model which considers the effect of tax in design and implementation of supply chain management. As the consequence of globalization, businesses which are cross-national should pay different tax rates in different countries. Due to the differences, global players have the opportunity to calculate and optimize supply chain based on tax efficiency legally. It is used as a method of gaining more profit for company which owns global supply chain.
Read more about this topic: Supply Chain Management
Famous quotes containing the words tax, efficient, supply, chain and/or management:
“The government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
—Ronald Reagan (b. 1911)
“As machines become more and more efficient and perfect, so it will become clear that imperfection is the greatness of man.”
—Ernst Fischer (1899–1972)
“Artistic inspiration ignores the law of supply and demand.”
—Mason Cooley (b. 1927)
“It could not have come down to us so far,
Through the interstices of things ajar
On the long bead chain of repeated birth,
To be a bird while we are men on earth,”
—Robert Frost (1874–1963)
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)