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Here is a Sample of Assignment Written by BookMyEssay on the Topic What do you mean by Supply Chain Management?

Supply chain management (SCM) is the oversight of information, materials, and finances. This moves following the path from product supplier to product manufacturer to its wholesaler to retailer and finally to the consumer. The successful Supply chain management involves organizing and integrating these flows both inside and with the companies that are involved in the process. According to experts, the main goal of the effective supply chain management system is to reduce inventory (considering the fact that products are available to the customer when needed).

To ensure successful supply chain management, the sophisticated software systems with Web interfaces are being used which is competing with Web-based application service providers (ASP)

Supply Chain Management flows are Divided into Three Main flows by the Experts:

The product flow – The product flow includes is basically the movement of products from a supplier to a customer, and it also includes customer returning the product to the supplier.

The information flow –The information flow includes transmitting of orders from the stock and updating the status of delivery, either in the software application used or manual.

The finances flow – The financial flow includes credit terms, consignment, payment schedules and title ownership arrangements.

This is just the sample of the assignment written on the topic what do you mean by supply chain management. More details, facts, and figures are added in the assignment to make it a perfect copy. The writers when given the topic to compose assignment, they use the best resources available to them to complete the writing work and give quality content in the assignment writing help in New Zealand.

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