Industrial Activity Loading/ Unloading For Supply Chain Management Illustration Cartoon Vector

Business administration Management of a business Accounting[show] Business entities[show] Corporate governance[show] Corporate law[show] Economics[show] Finance[show] Marketing[show] Types of management[show] Organization[show] Trade[show] Emblem-money.svg Business and economics portal vte Supply chain management field of operations: complex and dynamic supply- and demand-networks.[1] cf. Wieland/Wallenburg, 2011 In commerce, supply chain management SCM, the management of the flow of goods and services,[2] involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption. Interconnected or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.[3] Supply-chain management has been defined [4] as the `design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.