Supply Chain Management Essay
Introduction
Majors in supply chain management focuses on processes of excellence for the organization. Supply chain management focuses of the flow of information, services and goods that target at delivering maximum value to the organization’s customers. Supply management has the responsibility of supplying services and goods that the organization deals with to the customers. They also manage the transformation and conversion processes that target at converting input to output. Supply chain management functions within the scope of organizing, planning and controlling the flow of bought materials within the organization. The Majors gives close attention to the analysis and selection of vendors, price determination and value analysis. Supply chain Majors also have the responsibility of disposing surplus and scrap materials. It places emphasis on the efficient application and usage of transportation by the management of business within the framework of logistics. Supply chain manages resources, procurement, fabrication, production, storage and production. It consists of interconnected components, which are required for the transformation of ideas to delivered services and products.
