You are here

Home » What is Supply Chain Management ?

What is Supply Chain Management ?

Let us check it out what is Supply chain management its definition and meaning. So let us find out some information on SCM to know more about it.

Supply chain management or SCM is an effective tool for improvement in business process. Supply chain management ends at the point of consumption and begins with the source of supply.SCM covers the flow of materials and information from suppliers, through a number of value adding processes and distribution channels , to the customer. Find out more on advantages and disadvantages of supply Chain Management.

Tags:

Explore more Information

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 :

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.

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.

What are the benefits of leadership management ?

Some of the benefits of leadership management are discussed below. Also find out advantages and the disadvantages of leadership to learn more about it.

Points on benefits of leadership management are:

  • Leadership mangement increases productivity
  • It also nurture future leader.
  • By applying leadership management the employee engangement increases
  • Leadership managemnt is used to motivate employees
  • Helps to make better decision
  • It is the facilitator of change

How to find 40 percent of a number ?

Calculate and Find 40 percent of a number :

  1. Select any two or three digit number.
  2. Now multiply the number by 4.
  3. Third step is to shift the decimal point one place to the left side.

Example 1 

  1. Let us select two digit number, it is 32.
  2. Now multiply number 32 by 4, so 32x4=128
  3. Now shift the decimal point one place to the left so 12.8
  4. Hence 40 % of 32 is 12.8