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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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Process Validation Types

Types of Process Validation: There are mainly four types of process validation. Following are some of the types of process validation so let us see all types one by one:

Prospective process validation

Retrospective process validation

Concurrent process validation


Prospective process validation: "Documented evidence - Validation carried out based on the pre-planned protocol"

Retrospective process validation: "Documented evidence - Validation carried out based on the analysis and review of the historical data"

What is the Full Form of MIS?

MIS - Management Information System

MIS is the study of the  organizations, people and technology,to know the relationship among them in terms of computer system.

MIS study using computerized system is used to evaluate the efficiency and effectiveness of decision making of people in an organization.

Strength and weakness of an employee can be identifed with the help of this study.