WHAT IS SUPPLY CHAIN MANAGEMENT?
Getting to know what supply chain management is will help you make an informed decision about whether or not outsourcing some of your supply chain is in your best interests. WHAT IS SUPPLY CHAIN MANAGEMENT? Supply chain management (SCM) is designed to manage the flow of goods and services from raw materials to your final product. Good supply chain management involves streamlining the business’s supply chains in order to maximize customer value and reduce production costs. More info Supply Chain Report A supply chain manager should work to develop and implement supply chains from product development, to production, to delivery in the most productive and cost effective manner possible. HOW SUPPLY CHAIN MANAGEMENT WORKS Supply chain management works to link the production, shipment, and distribution of a product to help cut down on excess costs and to deliver products to consumers faster. This is done by maintaining control of internal inventories, internal production, distribution,