Definition of Supply Chain Management (SCM)?

Md Ariful Islam

0 like 0 dislike
5 views
Share with your friends

1 Answers

Md Ariful Islam

Call

Definition of Supply Chain Management (SCM)
• Supply Chain Management is primarily concerned with the efficient integration of suppliers, factories, warehouses and stores so that merchandise is produced and distributed in the right quantities, to the right locations and at the right time, and so as to minimize total system cost subject to satisfying service requirements.
• SCM stands for supply chain management, which is the handling of the entire production flow of a good or service. SCM involves planning, sourcing, producing, delivering, and returning the product or service to the customer.

0 like 0 dislike
5 views
Talk Doctor Online in Bissoy App
সেটের সংজ্ঞা (Definition of a set) কি?

পরস্পর ভিন্ন এবং সুসংজ্ঞায়িত কতগুলো বস্তুর সমষ্টিকে বলা হয় সেট (A set is a collection of well defined and well distinguished object ) । অন্যভাবে বলা যায়, একই, বৈশিষ্টের অধিকারি...

2 Answers 1 views
করের সংজ্ঞা (Definition of Tax) কী?

কোনোরূপ প্রত্যক্ষ সুবিধার আশা না করে সরকার কর্তৃক ধার্যকৃত যে অর্থ জনগণ বাধ্যতামূলকভাবে পরিশোধ করে তাকে কর বলে। অন্যভাবে বলা যায়, যে রাষ্ট্রপরিচালনার ব্যয় নির্বাহের জন্য সরকার জনসাধারনের নিকট থেকে...

2 Answers 11 views
Objectives of strategic human resource management?

(a) Plan for manpower requirements for its business located in national and international markets.(b) Conduct scientific selection and appointment of employees for business operation of right type and right in...

2 Answers 9 views
Definition of Supply Chain?

Supply Chain A supply chain is a system of organizations, people, technology, activities, information, and resources involved in moving a product or service from supplier to customer.

2 Answers 9 views
A Supply Chain has three parts?

A Supply Chain has three parts: Supply which focuses on the raw materials supplied to manufacturing, including how, when, and from what location. Manufacturing which focuses on converting these raw materials into...

2 Answers 5 views
The objectives of supply chain management?

The objectives of supply chain management can be listed below: Enhance customer service. Expand sales revenue. Reduce inventory cost. Improve on-time delivery. Reduce order to delivery cycle time. Reduce lead time. Reduce transportation costs. Reduce warehouse costs. Reduce supplier...

2 Answers 6 views
Importance of Supply Chain Management?

Importance of Supply Chain Management:1. It reduces inventories along the chain.2. It shares better information among the partners.3. It plans in consultation rather than in isolation.

2 Answers 4 views
Decision Phases in a Supply Chain?

Decision Phases in a Supply ChainSuccessful supply chain management requires many decisions relating to the flow of information, products, and funds. These decisions fall into three categories or phases, depending...

2 Answers 7 views
Process view of a supply chain?

Process view of a supply chain is sequence of processes and flow that take place within and between different stages and combine to fill a customer need for a product.The...

2 Answers 8 views
Efficient Queue Management for Doctor Chambers?

Efficient Queue Management for Doctor ChambersIn the bustling world of healthcare, one of the pivotal aspects that can significantly impact patient satisfaction and the overall workflow efficiency in a doctor's...

2 Answers 11 views