Supply Chain Management
Supply Chain is a business process that links
suppliers, manufacturers, retailers and customers to develop
and deliver products as a single “virtual” organisation.
This is done by pooling various resources, skills and information.
Supply Chain Management is one of the key areas that is
being focussed by leading companies to gain competitive
advantage.
How Supplier development and partnership,
Inventory management and Logistics, Warehouse Management
and rapid development of IT have helped companies to reduce
order cycle times and increase their efficiency in delivery
of the products have been discussed.