Paper Title
Study on Supply Chain Management
Abstract
Supply chain management (SCM) is the optimization of a product’s creation and flow from raw material sourcing to production, logistics and delivery to the final customer.SCM involves a series of key activities and processes that must be completed in an efficient (fuel conserving, cost-reducing, etc.) and timely manner. Otherwise, product will not be available when needed by consumers like you.Supply chain management is the handling of the entire production flow of a good or service - starting from the raw components all the way to delivering the final product to the consumer.A supply chain is more than a simplistic set of links along a linear path from raw material extraction to end consumer use. Instead, this chapter has demonstrated that a supply chain is a very complex network through which materials, information, and money flow between key participants. Highly integrated supply chains dynamically draw upon the capabilities and resources of multiple organizations to ensure the timely and efficient fulfillment of customer requirements.
Keywords - Supply Chain Management Stragy, Supply Chain Management Practices, Supply Chain Management Perormance, Manufacturing Firms.