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Supply Chain Management / Educational Presentation about Supply chain
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- 2. What is SupplyChain Management? • Supply Chain Management (SCM) refers to the planning, coordination, and control of activities involved in sourcing raw materials, production, logistics, and delivery to the final customer.
- 3. Objectives of SCM •- Improve product quality and availability • - Reduce operational cost • - Ensure faster delivery • - Maintain strong supplier and customer relationships
- 4. Key Components ofSCM • 1. Suppliers • 2. Manufacturing / Production • 3. Warehouse & Inventory • 4. Transportation / Logistics • 5. Retailers / Customers
- 5. SCM Process • -Planning • - Sourcing • - Production • - Delivery • - Return
- 6. Why SCM isImportant? • * Reduces costs and waste • * Enhances customer satisfaction • * Supports business competitiveness • * Helps in risk management
- 7. Technology in SCM •- ERP Systems • - RFID & Barcode Scanning • - Warehouse Automation • - Internet of Things (IoT) • - Artificial Intelligence & Data Analytics
- 8. Challenges in SCM •- Fluctuating demand • - Supply disruptions • - Inventory mismanagement • - Transportation delays • - Global competition
- 9. Conclusion • Effective supplychain management ensures operational efficiency, cost savings, and customer satisfaction. It is a key driver of business success.