what is supply chain management
Answers (2)
24th Mar, 2021
Hi...
supply chain management, the management of the flow of goods and services, money and information, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfilment from point of origin to point of consumption.
In simple words..
Supply chain management is the handling of the entire production flow of a good or service starting from the raw components all the way to delivering the final product to the consumer.
supply chain management, the management of the flow of goods and services, money and information, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfilment from point of origin to point of consumption.
In simple words..
Supply chain management is the handling of the entire production flow of a good or service starting from the raw components all the way to delivering the final product to the consumer.
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24th Mar, 2021
Hello,
Supply chain management (SCM) is the centralized management of the flow of goods and services and includes all processes that transform raw materials into final products. By managing the supply chain, companies are able to cut excess costs and deliver products to the consumer faster. The management of the flow of goods and services, money and information, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfilment from point of origin to point of consumption.
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