Supply Chain Management is popularly known as SCM or sometimes referred to as Demand Chain Management or DCM.
What is Supply Chain Management?
A supply chain is the link between raw materials and the end-user creating a flow of goods, information, and funds. It not only includes the company, but also its suppliers, buyers, vendors, customers, and others with whom it interacts.
Why obtain a Supply Chain Management Solution?
There are four dimensions to an integrated Supply Chain Management Solution:
Integration of purchasing, manufacturing, transportation and warehousing activities.
Integration of above activities across vendors, facilities, and markets.
Integration of these activities over strategic, tactical and operational planning.
