Why Supply Chain Management is Important for your Business
26/09/2023 Computer - IT - Webs
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Description
The management of the supply chain, also known as Supply Chain Management is the method of monitoring how goods and services grow from concept creation to raw materials and eventually an end-to-end consumer product. It encompasses the steps of moving and storing components used to make goods and then storing the final items until they sell, and monitoring where the products sold end up to utilize the information to improve future sales.
Supply Chain Management is a process that Supply Chain Management Process includes all aspects of business processes, including purchasing, logistics, and information technology. It integrates finances, materials suppliers, manufacturing facilities, suppliers and wholesalers, retailers, and consumers into one seamless system.
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