Supply chain management (CSM) includes managing the flow of goods, services, information and finances. It also includes storage and movement of raw materials, work-in-process inventory, and finished products. From the point of origin to the point of consumption, goods are moved through various interconnected networks, channels and nodes businesses. Manufactures, exporters, importers, wholesalers, retailers, local vendors and end consumers all are involved in a typical supply chain.
Supply chain management can be more accurately defined as a process of planning, storing, controlling and monitoring supply chain activities. Key objectives of supply chain management may include creating a competitive supply chain network, delivering goods through right mode of transportation, and synchronizing supply with the market demand.
You are a part of a supply chain if you procure raw materials from suppliers, manufacture your own products, and sell them to customers. A supply chain can be simple or rather complicated, based on the size of businesses and the number of people involved in it.
Managing storage and movement of goods can be difficult without the use of a supply chain management software solution. Today, most organizations rely on software-based solutions to ensure smooth flow of products. If you want to streamline your business, CSM software can help you store and move your products.
Supply chain management can be more accurately defined as a process of planning, storing, controlling and monitoring supply chain activities. Key objectives of supply chain management may include creating a competitive supply chain network, delivering goods through right mode of transportation, and synchronizing supply with the market demand.
You are a part of a supply chain if you procure raw materials from suppliers, manufacture your own products, and sell them to customers. A supply chain can be simple or rather complicated, based on the size of businesses and the number of people involved in it.
Managing storage and movement of goods can be difficult without the use of a supply chain management software solution. Today, most organizations rely on software-based solutions to ensure smooth flow of products. If you want to streamline your business, CSM software can help you store and move your products.
