Welcome to Supply chain ManagemenT
Hey Everyone, are you aware of Supply chain Management. Noo... the no Worry I will Explain in Easy and Simple way
It is a new blog on the Special Topic of Supply chain Management so Follow me, so that you can Stay Tuned for upcoming Articles.
Supply chain: Supply chain is the flow of material, information, and Money between customers to suppliers or Vice Versa. For Example, if you buy the Nestle Maggi from the Retailers shop. so Material ( Maggi) Transfer from supplier to you (customers) and money transfer from the customer to suppliers. And the Information regarding the product, demand inter share between them. But it is a small Supply chain example.
So let's Zoom the Supply Chain of Nestle Maggi
Raw Materials like What, Masala, etc transfer from the Farm field to the manufacturing factory, then manufacturing prepares the Maggi and packaged them. now transform agent transfer to warehouse, then Distributer. The distributer distribute the Maggi pallet to Retails shop. retails shop sell Maggi to customer.
so Supply chain is
suppliers to Factory to Warehouse to Distributer to retail shop to Customers
Supply chain Management: Manage the supply chain at less cost and More effective & responsive called supply chain mangement.
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