Supply Chain Management
Supply Chain Management (SCM) ensures efficient coordination of materials, manufacturing, logistics, and distribution to maximize productivity and reduce costs.
Types Of Supply Chain Management
Supply Chain Management can be categorized into multiple types based on operational models.
Lean Supply Chain
Focuses on cost-efficiency and minimal waste.
Agile Supply Chain
Adaptable to market and demand changes.
Sustainable Supply Chain
Incorporates eco-friendly practices.
Global Supply Chain
Manages international logistics.
E-Commerce Supply Chain
Focused on digital order fulfillment.
Hybrid Supply Chain
Combines lean and agile models.
Why Supply Chain Management Is Important?
Inventory Optimization
Balances supply and demand.
Logistics Coordination
Streamlines transport and warehousing.
Supplier Management
Builds strong vendor partnerships.
Cost Efficiency
Reduces operational expenses.
FAQs
What is SCM?
It manages the movement of goods and services.
Why is SCM important?
It reduces cost and improves delivery timelines.
What tools are used?
ERP, WMS, and AI-based systems.
Can SMEs use SCM systems?
Yes, scalable tools are available.
What’s the biggest challenge?
Managing delays and logistics risks.
Is SCM data-driven?
Yes, analytics is central to SCM success.