Supply Chain Management (SCM) is an approach that is focused on managing the inbuilt process as products are transformed from young materials into accurate goods and then delivered to the customer. SCM is primarily concerned with three flows - product, information, and money. The sphere of SCM is highly broad, involving multiple companies performing business functions. These functions include not only logistics, transportation, and warehousing, but also sourcing and procurement, manufacturing, materials handling, forecasting, army processing, inventory counseling, and customer work (SearchCIO.com, 2005). The broad goal of cater chemical orbit management is to micturate a seamless flow of products from rocking chair to grave with the fewest(prenominal) resources and the highest customer service possible. By working together, companies in a supply chain should be able to come cost of transportation, ordering, inventory, and storage and handling across the entire supply c hain while improving the quality of service for distributively customer. The study difference between B2B (Business to Business) and B2C (Business to Customer) in internet terms is the map of the B2B website. B2B concerns itself primarily with supply chain management. These are portals that go out businesses to mint directly with their suppliers and distributors online, allowing electronic transfer of orders, invoicing and even payments. unrivalled of the major benefits now is that manufacturers and suppliers have access to a competitive, orbicular market, via the Internet. consort to Roger Blackwell, a business professor at Ohio sound out University, Supply-chain management is all about having the chastise product in the safe place, at the right price, at the right time, and in the right condition (Blackwell, 2003). Hence, organizations are beginning to incline from optimizing in spite of appearance the enterprise to optimizing the supply chain. As more and more or ganizations move towards a customer centric ! business model to alter their profitability, in that respect is an increased focus... If you want to get a full essay, order it on our website: OrderCustomPaper.com
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