Supply chain management involves planning, controlling, and executing all the activities required to efficiently move a product from raw materials acquisition through production, distribution, and final delivery to customers. It aims to streamline and minimize the costs associated with a product's flow from initial sourcing through final delivery. SCM encompasses all the steps involved in delivering a product to consumers in the most cost-effective manner possible.
Supply chain management involves planning, controlling, and executing all the activities required to efficiently move a product from raw materials acquisition through production, distribution, and final delivery to customers. It aims to streamline and minimize the costs associated with a product's flow from initial sourcing through final delivery. SCM encompasses all the steps involved in delivering a product to consumers in the most cost-effective manner possible.
Supply chain management involves planning, controlling, and executing all the activities required to efficiently move a product from raw materials acquisition through production, distribution, and final delivery to customers. It aims to streamline and minimize the costs associated with a product's flow from initial sourcing through final delivery. SCM encompasses all the steps involved in delivering a product to consumers in the most cost-effective manner possible.
broad range of activities required to plan, control and execute a product's flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible.