What is supply chain management?๐ค

-Week 10- Hello everyone! Your Andani is here ๐ฎ๐ TODAY , I want to share what I learnt for today's class๐ State of Industry Adoption of key drivers - AI - Digital - Green Economy Supply Chain Management -5 basic components of SCM- 1. Plan: Strategic component of SCM that involves developing a set of metrics to monitor organization's supply chain to ensure that is efficient and it delivers high quality and value to customers for the lowest cost. 2. Source: Organizations choose suppliers to deliver the goods and services they need to create their product or service. 3. Make: The manufacturing component in which managers schedule the activities necessary for production, testing, packaging and preparation for delivery. 4. Deliver: Where organizations coordinate the receipt pf customer orders, develop a network of warehouse, select carriers to transport their products to their customers and create an invoicing system to receive the payments. 5. Return: A responsive and ...