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:
“I find nothing healthful or exalting in the smooth conventions of society. I do not like the close air of saloons. I begin to suspect myself to be a prisoner, though treated with all this courtesy and luxury. I pay a destructive tax in my conformity.”
—Ralph Waldo Emerson (1803–1882)
“An efficient and valuable man does what he can, whether the community pay him for it or not. The inefficient offer their inefficiency to the highest bidder, and are forever expecting to be put into office. One would suppose that they were rarely disappointed.”
—Henry David Thoreau (1817–1862)
“Municipal laws are a supply to the wisdom of each individual; and, at the same time, by restraining the natural liberty of men, make private interest submit to the interest of the public.”
—David Hume (1711–1776)
“Oh yes, that’s right. They chain up wild animals. That’s all I am, an animal.”
—John Elder [Anthony Hinds], British screenwriter, and Terence Fisher. Leon (Oliver Reed)
“The care of a house, the conduct of a home, the management of children, the instruction and government of servants, are as deserving of scientific treatment and scientific professors and lectureships as are the care of farms, the management of manure and crops, and the raising and care of stock.”
—Catherine E. Beecher (1800–1878)