Supply chain Management

Question

What do you mean by the term Supply chain Management? Provide an appropriate illustration?

Answer 1

The Supply chain management associated to the flow of goods, information and finance from the supplier to consumer. Fundamentally it is the manner in which the goods pass on from the industrial unit to the intermediaries and then to the final consumer. Example: Bharti Airtel’s supply chain management consists of a central core team involving of supply chain subject matter experts and also execution teams that function beneath various business divisions nation-wide.