Supply chain management is a process that involves the flow of goods and materials from suppliers to customers. It includes the coordination and management of all activities involved in the procurement, manufacturing, warehousing, distribution, and delivery of finished products.
The main goal of supply chain management is to ensure that customer demand is met in a timely and efficient manner. To do this, businesses need to have a clear understanding of their customers' needs and preferences. They also need to have a well-defined supply chain network that includes reliable suppliers, manufacturers, warehouses, distributors, and logistics providers.
With the help of supply chain management, businesses can streamline their operations and improve their competitiveness. By having a more efficient and effective supply chain, businesses can save on costs while still providing quality products and services to their customers.