Supply Chain Management

Hi everyone, this is Mohammad. I hope this blog is helping you to get a summary about the topics which I have shared.thank you

Today I go to share the information about the topic supply chain management. As we all know that supply chain management plays a very important role in manufacturing the product and supply chain management is important in various fields.

In this post, I am going to share information about the following 

→ Introduction of SCM.

→ Evaluation of SCM. 

→ Stages of SCM.

→ Advantages of SCM.

Definition of Supply chain :

"Supply chain involves all the activities which are involved directly or indirectly in satisfying. Customers need."

"It may also define as the integrated group of processes to source, make, deliver, the products."


Definition of Supply chain management

"It is termed as the management of the flow of goods."

"It is the effective integration of suppliers, warehouse, factors and stores so that the merchandise is produced and distributed in the right quality, right location and the right time."

"It is also  the management of the flow of goods."


Evaluation of SCM

० Creation Era: was introduced by Keith Oliver in 1982.

० Integration Era:  The SCM was connected with electronic data interchange in 1960 and developed by Enterprise resource planning system in the 1990s.

० Globalization Era:  Can be characterised by the attention given to the global system of the supplier's relation and the expansion if the supply chain beyond national boundaries into other countries.

० Specialization Era1:  creates manufacturing and distribution networks composed of serial individual supply chain specific produce to end-users.

Specialization Era2:  this involves many functions such as transportation, panning based management and performance-based management.

Stages of SCM

* Customer

* Retailer.

* Wholesaler

* Raw materials supplier.


Advantages of SCM

* low inventories.

* low cost.

* high productivity.

* high profits.

* Customer loyalty. 


                                Thank you 















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