Business & Finance

Saturday, July 10, 2010

What is is supply chain management?

Supply chain management (SCM) is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers (Harland, 1996). Supply Chain Management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption (supply chain).

Another definition is provided by the APICS Dictionary when it defines SCM as the

No comments:

Post a Comment

Small Business Loans

Local Businesses

Business & Finance