what is supply chain management?
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Answer / juliet
Supply Chain Management (SCM) is the management of a network
of interconnected businesses involved in the ultimate
provision of product and service packages required by end
customers (Harland, 1996).[1] Supply Chain Management spans
all movement and storage of raw materials, work-in-process
inventory, and finished goods from point of origin to point
of consumption (supply chain).
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Answer / ajaykumar
Supply chain management is from Raw to Finish.
i.e Purchase of raw material than work in progress than finish goods
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Answer / matin khan
Supply chain management (SCM) is a process used by companies
to ensure that their supply chain is efficient and
cost-effective. A supply chain is the collection of steps
that a company takes to transform raw components into the
final product. Typically, supply chain management is
comprised of five stages: plan, develop, make, deliver, and
return.
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SCM is a oversight of material, information,and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.Supply Chain Management is a involve coordinating and integrating these flows both within and among the companies.
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