Supply chain management (SCM) involves overseeing and managing the flow of goods, services, and information from the point of origin to the final consumer. The goal is to optimize the entire supply chain to improve efficiency, reduce costs, and enhance customer satisfaction.
Some key components include planning strategies, sourcing suppliers for raw materials, and managing the transportation and storage of goods. Effective SCM often involves using technology and data analytics to make informed decisions and streamline processes. You can read more here:
By the end of this guide, students will be able to:
This work is licensed under a Creative Commons Attribution 4.0 International License.
