Supply chain management can be well-defined as the procedure of planning, implementing and observing the routine operations of a supply chain. Supply chain management is an all-inclusive procedure as it undertakes the management of obtainability of raw materials, their processing into finished merchandises and the deliveries of the same. The objective of all this is to offer the highest level of gratification to the customer and therefore upsurge the business of the company. And with the snowballing complexity of the supply chain, supply chain management has also become about organizing and cooperating with the diverse trade associates now involved in the supply chain. Supply chain management is thought to be undertaken by the high-level management committee of the firm. The employees have to eagerly abide by their decisions so as to result in maximum efficacy in the supply chain.
Supply chain management choices are made on three varied levels- the tactical, strategic and operational levels. Strategic level encompasses long-standing decisions while tactical level embraces medium term decisions while operational level is concerned with very short-range everyday operational concerns. The flow of the supply chain implementation is always bi-directional and fundamentally manages and coordinates flow of material, information and moneys of the supply chain. There are some key supply chain management procedures that have been recognized. You can learn them via supply chain management certification in India. Supply chain management system has coped to put into place a cohesive supply and demand management within and across business organizations.
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