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About Logistics and Supply Chain Management MBA 3rd Sem Nagpur University
1. Supply chain management (SCM) involves coordinating business functions and relationships within a company and across businesses to improve customer value and satisfaction. It integrates suppliers, manufacturers, warehouses, and stores to acquire raw materials and parts and deliver finished products to customers. 2. SCM decisions are made at three levels - strategy, planning, and operations. Strategic decisions guide long-term policies and include network design. Planning coordinates short-term demand and supply. Operational decisions optimize day-to-day activities like order fulfillment. 3. Key SCM strategies include demand flow management, customer service focus, collaboration, and technology integration to meet business goals through efficient inventory, facilities, and information flows.
Detailed Information
| Author: | ['MBA Engineer'] |
|---|---|
| Publication Year: | 2023 |
| Pages: | 31 |
| Language: | English |
| Format: | |
| Price: | FREE |
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