Everything you’re wearing, using, touching, or even eating, has all been part of a supply chain at one point you’re just the last stop. Watch to learn about supply chain management and its importance in personal and professional matters.
Supply chain management is responsible for getting a product from an idea, to a prototype, to a store, to a consumer. It refers to everything involved in planning, controlling, and executing a product’s flow, from start to end.
Supply chain management, or SCM, may sound simple, but it’s a huge and complex process. At it’s most basic, it involves a company, suppliers, and customers. But, there can be layers of customers and suppliers, multiple middlemen, complex logistics, researchers, delivery methods… SCM more closely resembles a web, than a linear chain.
What do you think is the most important step in supply chain management? Let us know in the comments, and please hit that like button.
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