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What are the objectives of a typical supply chain?

The Objectives of a Supply Chain Introduction: There are different parties involved in a Supply Chain such  as manufacturer,marketer,suppliers,transporters,warehouses , retailers,customers etc. They are directly or indirectly  involved in fulfillment of  the customer requirement. The  main objective is to maximize overall value generated. They  continually look for sources of revenue and cost. Supply Chain profit: The objective …

What is a green supply chain?

Green Supply Chain: What is a  Green Supply Chain? “Green Supply Chain” or “Environmentally Friendly Supply Chain” are almost synonymous.For  a firm , it is a set of supply chain policies formed and held,action taken accordingly and relationships formed in response to concerns related to the natural environment,so that acquisition,production,distribution and disposal of the firm’s …

Definition of Supply Chain Management

What is Supply Chain Management? As Customers are at the end of the network, who need certain product or services, Supply Chain Management is the management of networks and channels involved that serve the customer.SCM covers the movement and storage of raw materials, WIP and finished goods from point of start to point using the …