Action Construction Equipment Store Executive Interview Questions and Answers for Experienced

SCM stands for Supply Chain Management. It involves the coordination and management of activities involved in the production and delivery of goods and services.

• SCM involves the planning, sourcing, manufacturing, and delivery of products or services

• It aims to optimize the supply chain to reduce costs and improve efficiency

• SCM includes activities such as inventory management, logistics, and procurement

• Examples of SCM sof

P2P is a process of procuring goods and services from suppliers. SCM practices in manufacturing involve managing the flow of goods from raw materials to finished products.

• P2P involves requisition, purchase order, receipt of goods, and payment to suppliers.

• SCM practices in manufacturing include inventory management, demand forecasting, production planning, and logistics.

• Effective SCM practices can reduce costs, improve ...read more