What is supply chain management?

Lily May-06-2023 09:00:33

356 days ago

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Supply chain management is the coordination between a company and its suppliers to ensure the efficient and cost-effective flow of raw materials, components and finished products from suppliers to customers. It involves the active management of the entire supply chain process – from the sourcing, procurement, production and distribution of goods, to the storage and delivery to the end customer. The ultimate goal of supply chain management is to optimize customer service and minimize costs.

Eden

0 Ques 1 Ans

answered 22 Aug 2023

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