Explain about Supply Chain Management, Inventory, GRN process?

Question

Accepted Answer

Supply Chain Management involves managing the flow of goods and services from the supplier to the end customer, including inventory and GRN process.

Supply Chain Management is the coordination and management of all activities involved in the production and delivery of goods and services.
Inventory management involves tracking and managing the inventory levels of raw materials, work-in-progress, and finished goods.
GRN (Goods Received Note) process involves verifying the quantity and quality of goods received from the supplier and updating the inventory records accordingly.
Effective supply chain management can help reduce costs, improve efficiency, and enhance customer satisfaction.
Examples of supply chain management tools include ERP systems, RFID technology, and supply chain analytics.

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