The Most Common Myths About Supply Chain Management Debunked

Supply Chain Management (SCM) is the management of the complete flow of goods from their original manufacturing location to their consumption point. It includes tracking the shipment, managing inventories, reverse logistics, overseeing production, warehousing, boosting sales, and enhancing distribution. Thus, the supply chain plays an integral role in the success of the manufacturing and retail business. Between 2022 and 2027, the supply chain industry is expected to grow at a CAGR of 14.72%.

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The Most Common Myths About Supply Chain Management Debunked

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