What is supply chain management?

Question

Accepted Answer

Supply chain management is the coordination and management of activities involved in the production and delivery of products and services.

It involves the planning, sourcing, manufacturing, and delivery of products or services
It aims to optimize the flow of goods and services from the supplier to the customer
It involves managing relationships with suppliers and customers
It includes inventory management, transportation, and logistics
Examples include Walmart's supply chain management system and Amazon's fulfillment centers

Accepted Answer

If it's a traditional supply chain management than its a process where make entire link from raw material to the dealer. And in this process there is lot of risk of mis guide of product. Therefore now a days a block chain base supply chain is introduced where we can record the data with no risk .

What is supply chain management?

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