Basics Of Supply Chain Management

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This Presentation is an overview of Chain Management. Information in this podcast is provided by Management Homework Help Experts. Management scholars who hold interest in the supply chain industry take a specialisation in this sector. They work on tricky assessment based on various aspects of supply chain management. Sometimes they face complexities in doing their academic assessments and take homework help from professional academic experts. Visit - https://www.myassignmentservices.com/usa/management-homework-help.html

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Basics Of Supply Chain Management

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What is supply chain management Supply chain management involves a process that focuses on the delivery of products to consumers. It deals with product planning demand planning supply planning supply management operations planning and sales planning.

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Benefits of supply chain management It puts a positive effect on cycle time inventory levels customer service and business process. It reduces risk and uncertainty in the supply chain. Supply chain management contributes to competitive advantages and increases in profitability. The three major benefits of the supply chain are noted-below.

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Prime Objectives of Supply Chain Management. Increase in supply surplus. Fulfills customer needs and provides satisfaction. High supply chain profitability. Maximizes the total value gained or generated The major objectives of supply chain management are as follows.

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Five major drivers of the supply chain. Production -warehouses and factories. Inventory -safety inventory cycle inventory and seasonal inventory. Location -proper places to maximize profit and performance .Information - coordination and forecasting. Transportation -railways ships trucks airways pipelines electronic transportations etc. The five major supply chain drivers are as follows

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