- Procurement & Sourcing – Acquiring raw materials or components from suppliers.
- Manufacturing & Production – Transforming raw materials into finished products.
- Inventory Management – Monitoring and optimizing stock levels to meet demand.
- Logistics & Distribution – Ensuring timely delivery through transportation and warehousing.
- Demand & Supply Planning – Forecasting market needs to balance supply and demand.
- Customer Service & Returns – Managing orders, customer interactions, and reverse logistics.
Supply Chain Management
Supply Chain Management (SCM) refers to the coordination and management of all activities involved in sourcing, production, and logistics to ensure the efficient movement of goods and services from suppliers to customers. It integrates suppliers, manufacturers, warehouses, distributors, and retailers to streamline operations and reduce costs.
Supply Chain Management is essential for businesses to stay competitive in today’s fast-paced market. By leveraging technology and efficient logistics, companies can improve profitability, enhance customer satisfaction, and maintain sustainability.
