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Introduction of Supply Chain Management:
Supply chain management is the process of the flow of goods and services. It involves the movement and storage of raw materials. It considers the three flows these are a product, information and financial flows. These three flows are described as:
- Product Flow: The flow of goods considered in this category.
- Information Flow: The flow message, order and other data comes under this category.
- Financial Flow: It deals with the flow of money which includes the complete information related to the payments these are payment choice, payment schedule and so on.
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- Theory of Constraints
- Strategic Choice Theory
- Channel Coordination
- Quick Response Manufacturing
- Total Quality Management
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