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Important elements of Supply Chain Management (SCM)

List of important elements of supply chain management are as follows. So let us find out some information on SCM to know more about it.

  1. Purchasing : Supplier Management, Strategic sourcing, Supplier alliances
  2. Operations : ERP, MRP, JIT, TQM, Demand Management
  3. Distribution : Customer relationship management, Transportation management, network design, service response logistics
  4. Integration : Global integration problems, Performance measurement, coordination/Integration activities

Also check out Advantages and the Disadvantages of Supply Chain Management

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Advantages And Disadvantages of Supply Chain Management

Some of the Advantages And Disadvantages of Supply Chain Management are listed below. So let us check it out some information on advantages and disadvantages to know more about supply chain management. It is the management of flow of services as well as goods and includes all intermediate processes that transform raw materials to final products.Supply chain mangement  consist of broad range of activities which is required to control, plan and execute a product's flow.

Supply Chain Management Definition, Advantages and Disadvantages

Definition of Supply Chain Management

Supply Chain management can be considered as an effective tool for improving business process. It starts with the source of supply and competes at the point of consumption. Supply chain management is a flow of information and materials from suppliers which involves number of value added process and different distribution channels to the customers. 

Supply chain management involves :

What are the Pros and Cons of Supply Chain Management ?

Some of the Pros and Cons of Supply Chain Management are listed below. So let us find out brief information on pros and cons to learn more about supply chain management. It is the management of flow of services and goods and includes all types of process that transforms raw materials into final products. So  check out advantages and disadvantages of Supply Chain Management discussed below.

Examples of Critical Supply Chain and Logistics Processes for Retailers

Some of the examples of critical supply chain and logistics processes for retailers are as follows. So let us find out some information on SCM to know more about it. 

  1. Global trade management
  2. Distributed order management
  3. Reverse Logistics (Returns)
  4. Cross border e-commerce
  5. Same day, last-mile delivery
  6. Multi-echelon inventory optimization

Find out Disadvantages and advantages of Supply Chain Management to know more about it.

The List of Abbreviations used in Pharmaceutical Industry

You've already read about various topics related to Pharma Industry.Well, today I want to introduce you to the List of Abbreviations used in Pharmaceutical Industry.

There are lots of topics related to pharmacy which are available on the internet. We have studied a lot about various activities carried out daily in pharma industry so it is very important to know all the terms used in pharma.

Here is what you are goint learn in the List of Abreviations used in Pharmaceutical Industry: