Supply Chain Management refers to the operations and management of the different steps/parts in a supply chain process. The process ensures co-ordination between materials management, suppliers, the transportation of materials and goods, production with procured resources, warehousing and inventory of both, materials & finished goods, in order to avoid a disruption in getting the products from Production to customer, while ensuring optimal cost reduction.
To ensure that the supply chain is run effectively and efficiently, the following points need to be ensured:
• Reception of customer demand
• Procurement of materials necessary for manufacturing
• Manufacturing customer requirement
• Warehouse management
• Efficient delivery to end customer