Supplychain Management
Supply Chain Management (SCM) coordinates and manages the flow of goods, services, and information from suppliers to customers. It involves procurement, production, inventory management, and logistics to ensure efficient and cost-effective operations. SCM aims to optimize the entire supply chain to improve performance, reduce costs, and enhance customer satisfaction. Effective SCM integrates various functions and partners to streamline processes and achieve strategic goals. It plays a crucial role in maintaining a competitive edge and responding to market demands.
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