A discussion about definition of Supply Chain Management (SCM)

Abstract: To serve the customer, Supply Chain Management need to design, plan, execute, control and monitor Supply Chain activities.  All stages may not be included in the supply chains. While purchasing deals with purchased goods, materials and services supply chain management discusses about inputs, conversion and outputs.For easy understanding ,we may site an example of US Textile & Apparel Supply Chain about 25,000 companies are […]

About Logistics: A macro view point

Abstract    Logistical   operational   responsibilities   include   delivery of goods between suppliers, transporters  and company users /customers.  For instance, we can say that in the apparel supply chain of Bangladesh,  we usually see that inbound goods come to manufacturing facility  by the transporters and warehouse assistants  receive the cargo, which is provided according to suitable lot size using suitable containers by sea or by air according to urgency of manufacturing needs to fulfill customer requests. Finished  goods are loaded to containers per customer request in suitable lot sizes, so that buyer can collect and market  the goods in an organized and suitable way.A macro view of logistics Logistical management function may entail  some more steps, i.e., locating potential suppliers, determining their accessibility in terms of business production,  and forming relationships. If the business operation is size-ably voluminous enough to outsource online operation logistics, in that case the business has to sync their platform with the third party partner. As we know, in a supply chain management,  logistics and transportation are intertwined. For  e-commerce companies,  chat-bots  can be employed to avail customers with fundamental  queries such as tracking a shipment. Keywords: Supply  chain management(SCM), Logistics, suppliers, transporters etc. Introduction: The term logistics refers to providing right amount of […]