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Objectives of Supply chain management (SCM)

Some of the objectives of Supply chain management are as follows. So let us find out some information of SCM to know more about it. Check out Advantages & disadvantags of Supply chain Management.

Objectives of SCM are as follows :

  1. SCM helps in improving quality.
  2. SCM helps to reduce transportation cost.
  3. Supply chain management reduces warehousing cost.
  4. SCM helps to minimize time.
  5. SCM improves pipeline visibility.
  6. Supply chain management improves visibility demand.
  7. Competitiveness and efficiency increases with the use of supply chain management.
  8. System orientation.
  9. Service orientation.
  10. Supply chain management minimize work in progress.

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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

Revalidation

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.