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SUPPLY CHAIN MANAGEMENT

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  • What do you mean by supply chain management?

    At the most fundamental level, supply chain management (SCM) is management of the flow of goods, data, and finances related to a product or service, from the procurement of raw materials to the delivery of the product at its final destination.

  • What are the 5 supply chain management process?

    The five most critical phases of SCM are planning, sourcing, production, distribution, and returns.
    A supply chain manager is tasked with controlling and reducing costs and avoiding supply shortages.

  • What is supply chain management job?

    A Supply Chain Manager is a professional who is in charge of every stage of an organization's supply chain, from purchasing raw materials to production.
    They must ensure that the product comes at just the right time and coordinate storage for it, so nothing goes missing or gets damaged along this complex process.

  • Supply chain management is the overseeing of the flow of goods and services from raw materials to final products.
    It includes all the processes involved in getting products to customers, such as shipping.
    As the global economy recovers, demand and supply continue to be at odds with each other.
Supply chain management is the handling of the entire production flow of a good or service — starting from the raw components all the way to delivering the final product to the consumer.

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SUPPLY CHAIN MANAGEMENT