Supply Chain Management (SCM) :Techno-functional Guide
Supply Chain Management (SCM) :Techno-functional Guide
- A Supply Chain is a network of retailers, distributors, transporters, storage facilities and suppliers that participate in the sale, delivery and production of a particular product.
- Make a note a supply chain is product specific, not company specific
- Supply chain management (SCM) is a systematic approach to manage the entire flow of information, materials, and services from raw material suppliers through factories and warehouses to the end customer.
- Moreover , SCM involves the flows of material, information and finance in a network consisting of customers,suppliers, manufacturers, and distributors.
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