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What is Overview of Supply Chain Management about?

Supply Chain Management (SCM) involves coordinating all parties involved in fulfilling customer requests to provide products or services at the lowest cost. It has evolved from a focus on cost reduction in the mid-20th century to modern practices emphasizing collaboration, sustainability, and analytics. Key components include planning, sourcing, production, delivery, and returns, with current trends highlighting the importance of visibility and sustainability in supply chains.

Author

Madiha Faisal

Language

EN