Supply Chain Process – Importance of Supply Chain Process in Business
The supply chain process is a widened management area that takes into consideration the combined influence of
all the organizations engaged in the production of services and goods, from...
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Supply Chain Process – Importance of Supply Chain Process in Business
The supply chain process is a widened management area that takes into consideration the combined influence of
all the organizations engaged in the production of services and goods, from manufacturers to suppliers, retailers,
wholesalers and finally to the customer, and take it beyond recycling and disposal.
This way of managing the
logistics network and production, presumes that all enterprises dealing with the process of goods and services
delivery essentially form a part of a pipelines, network or a supply chain.
This consists of everything that is needed
to satisfy the end users and customers, and involves understanding which goods and services customers are likely
to purchase, how to produce and deliver them.
The supply chain management guarantees that the customers with
the correct goods that too at the apt time, at a desired location within a comfortable price range.
The modern day business scenario is char
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