applications of supply chain management

Supply Chain and it’s impact on profit and growth in today’s business

What is Supply Chain Management? Supply Chain Management (SCM) is an important part of every organization, whether small or large. SCM is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage. SCM also deals with the movement and storing of materials needed to create a product, as well as inventory management, and keeping track of finished goods from where they were created to who they go to.  Modern supply change management encompasses the strategic alignment of end-to-end business processes to realize market and econom...
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