Supply Chain Management.
Supply chain management (SCM) is the practice of coordinating the flow of goods, services, information and finances as they move from raw materials to parts supplier to manufacturer to wholesaler to retailer to consumer. This process includes order generation, order taking, information feedback and the efficient and timely delivery of goods and services. In order for a business to be successful, the chain must remain as uncluttered as possible to insure the most productive working environment possible. In the simplest terms, supply chain management lets an organization get the right good…
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