What are major issues affecting supply chain management due to pandemic situations?
What are major issues affecting supply chain management due to pandemic situations?
Supply chain management is the management of an item's as well as service's complete manufacturing cycle, including raw materials through delivery of the final product to the customer. A business establishes relations with suppliers (as well as “connections in the chain”) to transport the goods from raw material suppliers to organizations that interact directly with customers.
The active management of supply chain operations to maximize customer value and create a sustainable competitive advantage is known as supply chain management (SCM). It is a purposeful effort on the part of supply chain companies to create and manage supply networks most effectively and efficiently feasible. Product creation, procurement, manufacturing, as well as transportation, as well as data management required to coordinate these operations, are all covered by supply chain processes.
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