International Supply Chain Services
Supply Chain Management (SCM) refers to the coordination and integration of activities involved in the production and delivery of goods and services from suppliers to customers. SCM encompasses all the activities that take place from the acquisition of raw materials to the delivery of finished products to the end consumer.
SCM involves the management of resources, information, and activities across the entire supply chain to ensure that products are delivered to customers in a timely, cost-effective, and efficient manner. It includes procurement, production, inventory management, logistics, transportation, and distribution.
Effective SCM requires collaboration and coordination among all stakeholders in the supply chain, including suppliers, manufacturers, distributors, retailers, and customers. It also involves the use of technology and data analytics to optimize processes and improve visibility and communication throughout the supply chain.
The ultimate goal of SCM is to create a competitive advantage for the organization by improving customer satisfaction, reducing costs, and increasing efficiency. Effective SCM practices can help organizations better manage inventory, reduce waste, improve supplier relationships, and increase responsiveness to changing customer needs.