Author(s) :   Rajneesh Pal Yadav¹, Dr. Kushendra Mishra²

Supply Chain Management (SCM) in simple words can be described as a network of facilities and distribution options. Wherein SCM involves functions such as material procurement, transformation of the material into intermediate and finished products, and then distribution of the finished product to consumer. Supply chains are found to exist in both service and manufacturing sectors, although the complexity of the supply chain may vary vastly from industry to industry and firm to firm, however it represents a logical advance in our evolving understanding of business performance (Smith and Budress, 2005).

A very simple example of supply chain can be explained involving a single product. The chain involves procurement of raw material from vendors, transformed into finished goods in a single step, then transported to distribution centers and ultimately to consumer. Realistically supply chains are always very complex having multiple end products with shared components, facilities and capacities. The flow of materials is not always along a simple network, various modes of transportation gets involved and the cost of material for the end items may become exorbitant (Bertodo, 2002).

DOI : 10.61161/ijarcsms.v6i1.1

Pages : 107-118

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