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SCM is defined as combination of art and science that goes into improving the way your company find the raw components that needs to make a product or services and deliver it to customer. In Business word this art and science become functions that an organization undertake.
Systems that support manufacturing managers in making decisions that optimize the trade off between capital tied up in stocks and inventories, versus the ability to deliver goods at prices and delivery dates agreed with customers.
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∙ 12y ago
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What is the meaning of suply chain management?
Supply Chain Management is a process of handling all the supply activities for a company or organization. It plays an important role to distribute the products and services at the targeted location. Supply chain management is an important aspects for sourcing activities.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
When was Supply Chain Management Review created?
Supply Chain Management Review was created in 1997.
Diffenrences between supply management and supply chain management?
Supply management are the methods of modern corporate or institutional buying. Supply chain management is the management of the flow of goods, including raw materials, inventory and finished goods.
Does supply chain management have benefits?
Supply chain management is strategic and tactical for manufactures. The manufacturer can save time and money using supply chain management with features that moniter and validate.
What is meant by Strategic Supply Chain Management?
Supply chain management comprises of three levels 1. tactical 2. strategic 3. operational. 1. Strategical supply chain management decisions includes product development, customers, manufacturing, vendors, and logistics. The strategic supply chain management tries to expand the supply chain processes. 2. tactical supply chain management includes decisions in manufacturing, logistics, suppliers and product development. 3. operational supply chain management includes the day to day operational supply chain decisions ensure that the products efficiently move along the supply chain, achieving the maximum cost benefit.
Is the title features of supply chain management same as best of supply chain management?
The title "Features of Supply Chain Management" does not mean the same thing as "Best of Supply Chain Management." The first one just notes the features of the style of management; the second donotes that it will focus on the best practices of the style of management.
What is SCM?
SCM has two possible common meanings, both of which are acronyms. The first meaning is "supply chain management." The other meaning is "software configuration management."
Logistics management supply chain management and materials management?
I think this link will help you with the supply chain management.http://www.management-vs-leadership.com/index.php/management/supply-chain-management/35-supply-chain-management-and-hint-on-manager-salaries
Why is supply chain management important in operations management?
Supply chain management is important because it enables the organization to deliver their products to their customers. Without an effect supply chain their customers will go to another company.
What is Green supply chain?
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
What was the traditional way of running an organisation before supply chain management?
supply chain management is helps easy to manage the goods supply and services
