Keyword Cloud

Supply Chain Management Interview Questions and Answers IT Courses Business Resources Popular to Learn Python Artificial Intelligence Machine Learning Internet of Things IoT Amazon Web Services AWS Data Science DevOps React Js Native Angular RPA using UiPath Big Hadoop Adobe Experience Manager Blockchain Apache Spark Scala Selenium Webdriver PCB Design Categories AI amp Cloud Computing Programming Robotic Process Automation Project Agile Scrum Service Architecture Frontend Development Cyber Security Software Testing Database ERP Mobile Apps Leadership Program Servant Women at the Peak Inspiring Value-based Executive Coaching Happiness Workplace Behavioural Soft Skills Finance Accounting Human nbsp Customer Procurement Logistics Sales Marketing Health Safety Environment Food Hygiene Quality Auditing Blog Trends tips tricks from myTectra Experts Helps crack your upcoming job interview Community Ask answer anything related technology Vlog Deep connection with our video content Tutorials Get access all latest tutorials learn free Webinars best in industry Watch Now Placement We can help you get a Signup eBooks All downloadable one neat little pile Search Menu Trending Master Mastering Full Stack Developer Effective Teamwork Reinventing Workshop Career Transition Behavioral Digital Enterprise Corporate Training Content Curriculum Portal About Us Awards Reviews Careers News Media Clients by Mohammed on Mar PM Q What is definition supply chain management Ans SCM oversight materials information finances as they move process supplier manufacturer wholesaler retailer consumer involves coordinating integrating these flows both within among companies are key elements also covers coordination collaboration channel partners such customers suppliers distributors service providers Demand Communication Integration Collaboration main goal Goal Achieve Efficient Fulfillment On most basic level purpose make inventory readily available customer facing positions fulfill demand Such steps will organization reduce waste drive out costs achieve efficiencies used more broadly refer moving resources people equipment location storage desired destination The term logistics originated military referring movement supplies troops field Components involve some or following business functions including Inbound transportation Outbound Fleet Warehousing Materials handling Order fulfillment Inventory planning Why Important Although many small businesses focus design production their products services meet needs if those cannot reach fail That s major role that plays But impacts other aspects too efficiently raw be purchased transported stored until profitable Coordinating allow for timely delivery use break company And side produced shipped manner satisfaction decline negatively impacting profitability long-term viability Difference between vs terms often interchangeably but actually two refers what happens purchase packaging shipment goods example While larger network outside organizations work together deliver vendors call centers warehouse others affreightment Affreightment freight legal shipping charterer agrees pay specified price called carriage ship A may let like house person who takes possession control it activities performed operational divided three parts pick-up warehousing distribution end per sub include whole operations via air sea road customs clearance Control Assurance Sorting stock replenishment stores return Explain procedure cycle Procure P obtaining managing needed manufacturing product providing It transactional flow data sent well surrounds actual order payment According Chartered Institute Purchasing procure should seamless point Technology assist this procure-to-pay software system automate processes introducing efficiency controls For instance enforce buying might cross-reference purchasing budgets ensure compliance pre-defined limits requisition was would programmatically routed approval converted into once approved immediately correct email sophisticated capable extracting invoice general ledger enterprise resource relationship CRM systems while accepting transaction banks sources reconciling complex multiple statements payments good received SKU In stock-keeping unit specific item intended disaggregated when dealing units same supposed indistinguishable labels label which complies standards set case an import meets specifications applicable government agencies importing exporting countries Topics An Information Technologies Comments Subscribe Top choose right career Path Here top courses select More Recent Archive Net Question Answer net questions API ssentials C question Abinitio Accountant Financial accounting ques Active Directory advanced c programming Ajax Analytical Analytics Retail Banks Android Freshe angularjs Ansible Anti-Money laundering Answ Kafka storm answers appium AS Asp ASP NET Experi MVC Autocad automation testing python Architect EC aws VPC Backbone js Bank Financing Credit Risk Analysis Banking Basic Electronics Oracle Berkley Distribution BSD Ques Best Hibernate BGP Biztalk Blue Prism Bluetooth Answe BODS bootstrap BPO Analyst Structure years Exp Capegemini Casandra Crunch Cash Flow cassandra CATIA V ccna CCNP CDMA CGI Chemical Engineering cics citrix Civil cloud security cobol Codeigniter CoffeeScript Cognos Comprehensive MapReduce Core Java crm CSS CyberArk Dart science Structures BI Fundamentals database Datascience db DBA DBMS Patterns Desktop Support DHCP django Docker Dojo Drupal EJB ElasticSearch Electrical Embedded Embeeded Systems Entity Framework Ess Mss ETL Excel freshers VBA Exception Handling ExpressJs ext F Visa flask Front End FuelPHP Funny GD T Generics git Go Google GWT H B hadoop administration answ Experie hbase Expe Hive HR Html IAS ibm Bluemix IBPS PO IIM IIS Interviews Indiabix Informatica pcb QTP questionand MS Experien Freshers AEM Solr apache spark scala Citrix XenDesktop fundamentals ESS mss Position ITIL joomla maongodb mapreduce Measuring Social ROI project framework PHP Mysql Prince Foundation R SAP ad sap cs fico mdm mm oil gas PP ps qm retail selenium java Six Sigma Green Belt qustions Sharepoint Admin intview bodi Investment Ionic iot Recruiter J EE Collections web Javascript JBOSS JCL jdbc Jenkins jet airways cabin crew ans JIRA JMeter JMS JQuerry JSF Json JSP JUnit KnockoutJS Laravel laravel lic ado Liferay Linq Linux admin Shell Scripting Lisp Loadrunner Lte magento Magento Mainframe Managerial Round Manual MATLAB Qustions Maven MBA Mechanical Microstrategy mongo MongoDB sharepoint development MSBI Multithreading Years Ex MVVM mysql developer Network Engineer Networking NFS node ODI OOPS ABAP openstack Operating System application Guard HRMS Identity OBIEE Obiee oracle pl sql plsql RAC scm OSB OSPF pandas paypal Pega pentaho bi Peoplesoft performance Performance Perl Photoshop Php php power Powershell Frameworks puppet Updated QA QC QlikView analyst RDBMS Redux Restful ruby cucumber Ruby Rails Salesforce ALV REPORTS DATA Dictionary Enhancement abap hr very useful th Smartforms TECHNICAL Accounts Payable adobe forms APO BAPI Basis BO Administrator bods Bpc BW HANA CIN CO COPA EP EWM FI MM FIORI FSCM functional GRC Sap MODELLING HCM KM LABS MDG Iterview PI pm pp QM sd solution manager TESTING Dynpro WM workflow XI SAS SCCM Exper SEO Servicenow Servlets sinterview Sitecore SOA Splunk Spring AOP Boot experie SQL Joins server SQOOP SSB SSIS SSRS Struts SVG SVN swift tableau Talend taleo recruitment tcl TCL Answers- TCS Technical Team Leader ECE Telephonic Teradata thread Tibco Tips Trick TOGAF PMP Tricky typescript Typo cms UFT unix upsc VB VBScript Verilog VLSI VMware VSAM wcf Weblogic windows Winrunner Wireshark WordPress Work XML Answres zend May March April June January November October August September Programs PG Administration Company Contact FAQs Course Suggestion Become Instructor Drop us line Solutions Private Ltd Rights Reserved