THE BASICS OF SUPPLY CHAIN MANAGEMENT
Keywords:
Keywords: Supply Chain Management, logistics, procurement, inventory management, technology, risk management, sustainability, automation, blockchainAbstract
Abstract
Supply Chain Management (SCM) is an essential discipline in today’s globalized and highly competitive business environment. It involves the integrated coordination of activities from sourcing raw materials to delivering finished products to consumers. This article provides a comprehensive overview of SCM, discussing its key components, primary objectives, critical processes, technological influences, challenges, and future trends. Understanding these elements equips businesses to optimize operations, reduce costs, manage risks, and enhance customer satisfaction effectively.
References
1. Chopra, S., & Meindl, P. (2021). Supply Chain Management: Strategy, Planning, and Operation. Pearson Education.
2. Christopher, M. (2016). Logistics & Supply Chain Management. Pearson UK.
3. Hugos, M. (2018). Essentials of Supply Chain Management. Wiley.
4. Apple Inc. (2023). Annual Report. Retrieved from apple.com.
5. Inditex Group (Zara). (2023). Sustainability and Supply Chain Management Report. Retrieved from inditex.com.
6. Ivanov, D., & Dolgui, A. (2020). Digital Supply Chain Management and Blockchain Technology. International Journal of Production Research.
