Supply chain management
Supply chain management is a critical process that involves the coordination and management of all the activities involved in the production and distribution of goods and services. It starts from the sourcing of raw materials to the delivery of finished products to end-users. The main objective of supply chain management is to ensure that products are delivered to customers on time, at the lowest possible cost and with the highest level of quality. An effective supply chain management system enables organizations to streamline their operations, reduce costs, improve customer satisfaction, and gain a competitive advantage. To achieve this, companies need to establish strong relationships with suppliers, develop efficient logistics systems, and implement advanced technologies to optimize their supply chain processes.