SCM

Supply Chain Management

The exponential growth of Information Technology (IT) with communication technology in Supply Chain Management (SCM) is playing critical role in optimising decisions of the supply chain network flow for achieving organisational competitiveness, improving higher service level, lowering inventory, supply chain costs

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What is Supply Chain Management?

Supply Chain Management (SCM), the management of the flow of goods and services, between businesses and locations, and includes the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfillment from point of origin to point of consumption.

Why is it important?

Today, supply chain management, is one of the most important usable ways by modern companies to earn competitive benefit. Information technology has had very important effect on its development. Also, supply chain, is one of the management substructure bases in electronic business.

Since supply chains may be long, complicated and including a lot of foreigner, partners are faced with problems that carelessness to them will cause dissatisfaction of customers and losing sale. This management widely is supported by information technology.

SCM Requirements

  • 1. Planning
  • 2. Sourcing raw materials
  • 3. Manufacturing
  • 4. Delivery
  • 5. Returns

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