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About Supply Chain Management in Retail Management
Supply chain management (SCM) involves planning and managing the flow of goods and services. It encompasses activities from sourcing materials to delivering products to consumers. Key aspects of SCM include logistics, inventory management, and vendor relationships. SCM helps retailers efficiently replenish merchandise, introduce new products, increase visibility of inventory, and add value through eliminating middlemen. Emerging technologies like ERP, internet, RFID, and data warehousing facilitate integration across the supply chain.
Detailed Information
| Author: | ['MohammadAnees'] |
|---|---|
| Publication Year: | 2017 |
| Pages: | 83 |
| Language: | English |
| Format: | |
| Price: | FREE |
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