| Author: Bunty 23 Jun 2008 | Member Level: Diamond Points : 2 |
Hi,
Very nice piece of information regarding SCM.
If possible elaborate your concept little bit more.
Give some web-address where we can collect more about it.
Keep Posting.
Thanks.
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| Author: mahendrakiran 13 Nov 2008 | Member Level: Gold Points : 2 |
Supply chain management (SCM) is the oversight of materials, information and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer.
Supply chain management involves coordinating and integrating these flows both within and among companies.
It is said that the ultimate goal of any effective supply chain management system is to reduce inventory (with the assumption that products are available when needed).
As a solution for successful supply chain management, sophisticated software systems with Web interfaces are competing with Web-based application service providers (ASP) who promise to provide part or all of the SCM service for companies who rent their service.
Supply chain management flows can be divided into three main flows:
1)The product flow.
2)The information flow.
3)The finances flow.
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