Supply Chain Management

Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses are involved in the provision of products and services required by end customers in a supply chain. Supply chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.
Posts about Supply Chain Management
  • 7 Lessons For Retail In The Age of E-Commerce

    … and virtual nature of this business model. The advent of data analytics is a boon to the e-commerce that does wonders to a business in many ways. Data Analytics could propel E-commerce retail in the following domains: Supply Chain Management: data for products starting from warehouse to the customer. Merchant/Customer Fraud Detection: There…

    Marketing Technology Blogin Affiliate- 25 readers -