Supply Chain Management

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Submitted By arnav21
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INTRODUCTION
BACKGROUND ON SUPPLY CHAIN
The telecom industry’s drastic shift this year from a supply-driven marketplace to a demand-driven model has drastically impacted not only how carriers market and sell their products, but in what way they locating their own network equipment. In the present economic climate, achieving operational efficiencies and reducing cost has taken on paramount importance. To meet the current situation effective and efficient supply chain management is required. Let us first understand SCM.

Stream of material flow from its source to destination customer thought all the different stages are known as supply chain. Supply chain includes various diversifications like manufacturing, purchasing, transportation, warehousing, customer service and finally to manage these supply chain management is required.
Supply chain management is a oversight of information, material, and finance as they move through the supply chain. ELEMENTS OF SUPPLY CHAIN
Today, supply chain management is a acknowledged term in our enterprise wordlist. It is complicated to find a standard design of supply chain management performing in the world of enterprise. Some enterprise will talk about and handle their supply organizations in a synchronized and all surrounding fashion, such as all of the sub places identified above. Others will include some components of the production chain, for example buying and strategies and call this supply chain management. Many will recommend conceptually to supply chain management, but only address it specifically at the general management level.
One area of misunderstandings takes place because supply chain management is both a horizontally enterprise operate (i.e. handling the production chain in a business), and a directory market segment (i.e. businesses involved in handling supply organizations on part of their clients). A…...

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