What is a supply chain? The management (SCM/SCRM) is also explained!

What is a supply chain? The management (SCM/SCRM) is also explained!

ByYasir

We are now in an unstable social situation with a series of natural disasters, tensions between nations, and a global epidemic of infectious diseases. Under these circumstances, how should a company manage and operate its supply chain to continue stable production and supply? This article describes the supply chain and how to manage it. Table of contents What…

What is supply chain? Also explains the difference from value chain

What is supply chain? Also explains the difference from value chain

ByYasir

Many of the products distributed around the world are made by manufacturing companies called “manufacturers.” However, manufacturers are not responsible for everything from purchasing raw materials to processing, manufacturing, and assembling parts. For products from major manufacturers, there is a subcontracting structure with three to five layers, such as Tier 1, Tier 2, and Tier 3. This is…