Supply Chain Management

Supply Chain Management (SCM) is the management of the flow of goods and services, including the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. It involves the coordination and collaboration of various stakeholders, including suppliers, manufacturers, distributors, retailers, and customers, to optimize the overall performance of the supply chain. SCM encompasses a range of activities, such as demand planning, inventory management, transportation management, and order fulfillment, that are supported by data-driven decision-making and advanced analytics. The goal of SCM is to achieve operational efficiency, cost savings, and customer satisfaction by ensuring that the right product is delivered to the right place at the right time.
Your Previous Searches
Random Picks
  • Electromagnetic Waves: Electromagnetic waves are a type of wave that consists of oscillating electric and magnetic fields, which travel through space at the speed of light. These waves are generated by the acceleration of charged particles and can be described by ... Read More >>
  • EPHI: EPHI stands for Electronic Public Health Information. It is a system that collects, manages, and analyzes health-related data to improve public health outcomes. EPHI includes various types of data such as demographic information, disease su ... Read More >>
  • Liquidity: In data science, liquidity refers to the ease with which data can be accessed, processed, and analyzed. It is a measure of the availability and quality of data, as well as the efficiency of the tools and processes used to work with it. High ... Read More >>
Top News

Employees were already freaked out about AI — Amazon just proved them right...

Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....

News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...

Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...

News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...

Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...

News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...

Andy Jassy expects the company’s workforce to decline in the next few years....

News Source: Fortune on 2025-06-17

Bank of America is bullish on these 4 under-the-radar AI stocks...

Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....

News Source: Business Insider on 2025-06-17