SCM
Supplier Chain Management Supplier Chain Management Supplier Management Effective supplier management is key to ensuring a smooth supply chain. This includes: Supplier selection and evaluation Establishing and monitoring supplier performance metrics Creating strong relationships with suppliers Inventory Management Inventory management involves managing the flow of goods and materials from suppliers to customers. Key considerations include: Effective forecasting and planning Accurate demand forecasting Efficient and timely procurement Logistics and Transportation Logistics and transportation play a critical role in managing the movement of goods and materials through the supply chain. This includes: Optimizing transport routes a