What is supply chain management?
What is supply chain management (management)? What are the task in supply chain management?
What is supply chain management?
Supply chain management is the management of the circulation of raw materials, finished goods, and related information between participants in the supply chain, including suppliers. , the business itself, the distributor and the consumer.
Supply chain management diagram
What are the task in supply chain management?
The job of a supply chain manager is to link the activities of suppliers, purchasing agents, consumers, and other participants in the supply chain, so that the transportation of raw materials The materials match the company's production schedule, the finished product is delivered to the consumer at the right time, in the right quantity, and the company's marketing department collects the necessary information during the operation. supply chain. That task will include tasks such as:
- Predict the number of finished products to be produced, the amount of raw materials to be purchased.
- Collect, synthesize, store and arrange information of suppliers, distribution agents.
- Plan the production schedule with the appropriate schedule according to the number of orders.
- Inventory management, warehouse.
- Manage the transportation of materials and goods.
Frequently Asked Questions (FAQ)
Supply chain management is the coordination and management of activities involved in the production and delivery of products and services.
The key components of supply chain management include planning, sourcing, manufacturing, delivery, and returns.
Effective supply chain management helps to improve efficiency, reduce costs, enhance customer satisfaction, and increase profitability.
Common challenges in supply chain management include inventory management, supplier selection and management, logistics and transportation, and demand forecasting.
Best practices in supply chain management include establishing clear communication and collaboration among stakeholders, implementing technology solutions, optimizing inventory levels, and continuously evaluating and improving processes.
