What is supply chain management? Give an example.

Question

Accepted Answer

Supply chain management involves overseeing the flow of goods and services from the initial production stage to the final delivery to the customer.

Involves planning, implementing, and controlling the efficient flow of goods and services
Includes activities such as sourcing, procurement, production, logistics, and distribution
Focuses on optimizing processes to minimize costs and maximize customer satisfaction
Example: A company managing its supply chain to ensure timely delivery of products to retailers

Accepted Answer

If it's a traditional supply chain management than its a process where make entire link from raw material to the dealer. And in this process there is lot of risk of mis guide of product. Therefore now a days a block chain base supply chain is introduced where we can record the data with no risk .

Accepted Answer

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.

Accepted Answer

It s part of complete product process its may be process layout or product layout. In generally product lay out is used to mass manufacturing .in product layout supply chain managment used to reduce traveling time.

Accepted Answer

Supply chain management is the management and planning of all supply chain activities that take place in a business. This can include product development, logistics, sourcing and producing."

Asked in Godrej & Boyce Manufacturing and 12 others

What is supply chain management? Give an example.

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