These pages will help you understand and provide valuable resources to begin your career in supply chain management (SCM). CSCMP is dedicated to advancing the supply chain profession by connecting, educating, and developing the world’s supply chain management professionals throughout their careers.

Oct 17, 2021 · This article aims to evaluate the key supply chain concepts, principles, and processes for the effective supply chain management of an organisation. It begins with exploring the definition of supply chain management (SCM) and continue analysing a …

Mar 28, 2022 · Here are 10 key supply chain concepts, including SCM software benefits & processes to manage, 3PL providers, top SCM FAQs & more.

This is an overview of supply chain management key concepts. We start with the basics and then increase the complexity. Many of the terms you will find below are taught in top MBA supply chain programs.

This Supply Chain Management Essentials course covers the fundamental issues of supply chain management – what it involves, why it is important, and how products flow. You will gain insight into the SCM value proposition and key capabilities …

Jun 27, 2024 · Supply chain management (SCM) is the centralized management of the flow of goods and services to and from a company and includes all of the processes involved in transforming raw...

2. Inventory Management. Definition: The process of managing stock levels to balance supply and demand while minimizing costs and avoiding stockouts or overstocking. Key Metrics: Reorder Point (ROP): The inventory level at which a new order should be placed. Safety Stock: Extra inventory kept to protect against demand variability or supply chain disruptions.

Aug 17, 2022 · A supply chain includes all the raw materials and parts that are made into a product and distributed up the chain for manufacture and sale. In contrast, a value chain encompasses all the individual steps that are taken to create a marketable product.

Supply chain management (SCM) is the oversight of materials, information and finances as they move in a process from supplier to manufacturer to wholesaler to retailer and then to the consumer. The three main flows of the supply chain are the product flow, the information flow and the finances flow.

You’ll learn six key concepts and principles of supply chain management so you can understand how it works, how it impacts business operations, and why so many companies rely on this system for their success.