SUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENT Supply chain management is that the management of the flow product } and services and includes all processes that rework raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize client worth and gain a competitive advantage within the marketplace. SCM represents a trial by suppliers to develop and implement offer chains that area unit as economical and economical as doable . offer chains cowl everything from production to development to the data systems required to direct these undertakings. GOAL OF SUPPLY CHAIN MANAGEMENT Collaborative potential When you don’t have an efficient system in place , managing the inventory, co-ordinative with provision and suppliers may be a struggle. However, with a offer chain system in place , it's easier to coordinate with suppliers and consumers within the same channe