Marketing

Supply chain management diploma

Supply chain management is the management of the transferor flow of goods. It includes all processes, including information systems, involved in the transformation of raw materials to finished products. The main objective is to deliver maximum customer value and gain a competitive edge in the market.

Suppliers make conscious efforts to set up supply chains that are economical and efficient. What are the principles of supply chain management?

Supply chain management principles direct to adjust supply chains as per customer segments and needs, customize logistics networks for each segment, align demand planning across the supply chain, differentiate the product closer to the customer, outsource strategically, develop information technology to support multi-level decision making and adopt both service and financial metrics