Topic > Supply chain management and the importance of supply…

Introduction: Supply chain management (SCM) is a type of management that carries out the movement of goods, which means a substantial raw material or a major agricultural product that can be bought and sold, such as copper or coffee. It contains the flow and storage of raw materials, processing inventories and finished products from the point of origin to the point of consumption. Furthermore, the SCM constitutes a regulatory and strategic coordination of company functions; the articulation of these functions within the company through a business within the supply chain in order to improve the long-term performance of individual companies and the supply chain. The objectives of Supply Chain Management are multiple. The first is to increase the amount of information. At the same time, reduce inventory and ongoing process expenses. The second objective is to create transparency in information and reduce obstacles that may exist. The final objection of SCM is to find a comprehensive concept of supply operations and improve the continuity of materials, information and cash flow management. Supply chain leaders must invest in improving their team's capabilities to see growing perspectives on how sourcing can help the business. Some of the issues facing supply chain leaders include; the need to continue reducing tariffs while developing consumer service and encouraging the expansion of new markets and product lines. Another issue is the need to manage the complexity of sales and customer fulfillment. The objective of this literature review is to show the importance of SCM in business, as well as discuss some important issues in SCM and compare it with other studies related to some SCM issues and how to address these problems and find a solution. Also… half paper… we want to be connected to assembly lines and aware of demand throughout the supply chain. Purchasing and supply management occurs at all stages of the supply chain. At each level, logisticians exercise their responsibilities in requesting and replacing products for their operations from suppliers selected to meet demand. Disorganized supply functions can occur at any point in the supply chain when a breakdown in communication occurs. In the article “Supply chain management: more than integrated logistics”. Russell (2007), “Logistics as a management discipline originated in the military and subsequently branched into the commercial sector as corporate logistics. Now the hottest topic in the commercial sector is supply chain management." In other words, supply chain management has many problems today, and these problems make this topic vast and very interesting at the same time.