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About Supply Chain Management
Supply chain management involves planning and coordinating all supply chain activities, including procurement, production, and distribution. The objective is to create value for customers by synchronizing supply and demand. Inventory management is an important part of supply chain management. It involves determining optimal inventory levels and locations to balance inventory carrying costs with the need to avoid stockouts. Supply chain planning predicts future demand to balance supply and demand across the supply chain.
Detailed Information
| Author: | ['Arpan Ghosh'] |
|---|---|
| Publication Year: | 2010 |
| Pages: | 3 |
| Language: | English |
| Format: | |
| Price: | FREE |
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