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What is supply chain and why is it important?

Supply chain management is the process of managing and enhancing the flow of goods from the point of origin to the point of consumption in order to meet customer demand profitably. Supply chain management can be described as a network. For know more Read this ppt

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What is supply chain and why is it important?

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  1. What is supply chain and why is it important?

  2. Definitionofsupply chainmanagement Supply Chain management isa program whichallowsbusinesstomeetthe demandsofcustomers.Basically,it’sa processthatensuresthatwholesalers, factories, stores,and vendors are able to deliveralltheproductsthat customers want.Thesupplychainmanagement programisdesignedtomakesurethat companies have all the goods or services theyneedattheright time. LOGISTICSAND SUPPLY CHAINMANAGEMENTIN OMAN

  3. WhySupplychain isimportant? Nowadays, a supply chain isthe backbone of allcompanies. Ifyou’renotfamiliarwiththe term,you’ve certainly heard itbefore. It’sthe process of getting a product from its point of origintothehandsof yourcustomers.A company’s supply chain isheavily influenced by many factors, including branding, marketing, and business structure.Without supply chain thecompany couldn'tmanage theirproduct and supplies perfectly this why supply chain is important. LOGISTICSAND SUPPLY CHAINMANAGEMENTIN OMAN

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