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What is Supply Chain Management?

Posted: Thu Jan 23, 2025 5:10 am
by bitheerani319
Today, logistics management has become the greatest asset of companies, reflecting in the corpus of an organization the achievements of efficiency and excellence of its products or activities.
In this context, many of the companies with great tendency and success in the world's economic market already work with a Supply Chain Management area , also known as Supply Chain Management.
This allows companies to generate a higher-ranking value in the market.
That is, in simpler words, to accompany the life cycle of a product or service, from its conception to its sale.
Thus, Supply Chain Management encompasses supply and demand, inside and outside the company.
How is it possible for a company's product to reach our hands? Well, through this business management system, in which the Supply Chain is totally indispensable.


Is Logistics the same as Supply Chain Management?
No, they are not the same. Although many people often bolivia phone number list both terms, Supply Chain and Logistics have different functions, but in the end they are related.
In principle, Logistics deals with planning and controlling all activities related to the supply, manufacturing and distribution of a company's services.

Types of Supply Chain
Below are some of the most common types of Supply Chain in companies:

Supply Chain or Traditional Supply Chain
Shared Information Supply Chain
Supply Chain order management by the supplier
Synchronized Supply Chain
What are the phases of Supply Chain Management?
As in any supply management process, there are various points or steps that must be taken into account in Supply Chain Management.