Here are some more detailed explanations on how supply chain management can help control and reduce operational costs in businesses:

• Improving inventory management in automotive supply chain management: Effective supply chain management can help optimize inventory levels by reducing excess stock and avoiding stockouts, which can both result in unnecessary costs. By improving inventory management, businesses can reduce storage costs, minimize waste, and improve their ability to meet customer demand.
• Optimizing logistics and transportation: Supply chain management can help businesses optimize their logistics and transportation operations by reducing the time and costs associated with transportation, improving delivery times, and minimizing multimodal transportation-related risks. This can be achieved by selecting the most cost-effective transportation modes, optimizing shipping routes, and improving the visibility and tracking of goods in transit.
• Reducing supplier costs: Supply chain management can help businesses reduce their supplier costs by negotiating better prices and terms with their suppliers, improving supplier relationships, and ensuring supplier compliance. This can be achieved by evaluating supplier performance, identifying cost-saving opportunities, and improving communication with suppliers.
• Streamlining processes: Effective supply chain management can help businesses streamline their processes by eliminating inefficiencies and redundancies, reducing waste, and improving the flow of information and materials. This can lead to cost savings by reducing the time and resources required to complete tasks and minimizing errors and delays.
• Managing risks: Supply chain management can help businesses identify and manage risks in their supply chains, such as supply disruptions, quality issues, and regulatory compliance. By proactively managing risks, businesses can reduce the likelihood and impact of supply chain disruptions and minimize the associated costs.

In summary, effective supply chain management can help control and reduce operational costs in businesses by improving inventory management, optimizing logistics and transportation, reducing supplier costs, streamlining processes, and managing risks. By improving the efficiency, transparency, and resilience of their supply chains, businesses can achieve cost savings, improve customer satisfaction, and gain a competitive advantage.