SUPPLY CHAIN MANAGEMENT BY: RITESH GUPTA ROLL NO- 18105018 Concept Supply chain? + Management? Supply chain A supply chain consist of a series of activities involving many organization through which the material moves from initial suppliers to final customers. There may be different supply chain for each product. Supply chain Raw material Semi-finished products End consumers Finished product distributor Management Management defined as all the activities and task under taken for achieving goals by continuous activities like planning, organizing, leading and controlling. The responsibility of management is to generate such conditions which are helpful to maximum achievement. Supply chain management Supply chain management is the management of flow of goods and services and includes all processes the transform raw material into final product. It involves the activities streamlining of a business’s supply side activities to maximize customer value and gain a competitive advantage in the marketplace. Supply chain management By managing the supply chain, companies are able to cut excess cost and deliver the product to the customer faster. SCM also called the art of management for providing the right product, at the right time, right place and at the right cost to the customer. Supply chain management Supply chain management an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chain Raw material Semi-finished products End consumers Finished product distributor