Supply Chain Management
Supply Chain Management spans all activities related with movement of goods from the raw material stage through to the end user. Successful supply chain management integrates all these activities:
- Sourcing and procurement
- Production Scheduling
- Order processing
- Inventory Management
- Transportation and Logistics into a flawless process.
Supply Chain Management links all the partners in the chain, focuses on actual customer demand, and minimises the flow of raw materials, finished product and packaging materials at every point. Tools like JIT (just in time), QR (quick response), VMI (vendor managed inventory) among others are used to streamline a supply chain.
