Tag: supply chain

Introduction to Supply Chain Management Supply Chain Management (SCM) refers to the coordinated process of planning, executing, and controlling the operations of the supply chain activities, with the ultimate goal of delivering products and services to customers efficiently and effectively. In the modern business landscape, SCM is of paramount importance as it directly influences a…

Introduction In today’s volatile global economy, supply chains are under unprecedented pressure. Disruptions caused by geopolitical tensions, fluctuating consumer demand, and unforeseen events such as pandemics have forced businesses to rethink how they manage logistics, inventory, and distribution. Traditional supply chain strategies, built on static models and historical data, often fall short in providing the…