16. Supply Chain Management - Supply Chain Management Learning Objectives Understanding the emergence of supply chain management in modern retailing

16. Supply Chain Management - Supply Chain Management...

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Supply Chain Management
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Learning Objectives Understanding the emergence of supply chain management in modern retailing Knowing why SCM is getting world wide attention Explaining the significance of warehousing Analyzing the major drivers of supply chain management Examining the components of an effective supply chain
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The Supply Chain It is a network of retailers, distributors, transporters, storage facilities, and suppliers that take part in the production, delivery, and sale of a product that convert and move the goods from raw materials to end users. It describes the processes and people involved in converting and conveying the goods from raw materials to end consumers. The activities close to the raw material stage are known as upstream activities and activities between the manufacturer and end consumer are downstream activities .
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Parts of a Supply Chain 1. Supply: It focuses on the raw materials supplied to manufacturing, including how, when, and from what location.
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