Business Studies, asked by nafisashaikh2002, 1 month ago

explain chain supply management and its role in business​

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Answered by Anonymous
4

Answer:

Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace

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Answered by anikethbhat967
1

Answer:

Supply chain management (SCM) is the centralized management of the flow of goods and services and includes all processes that transform raw materials into final products. By managing the supply chain, companies are able to cut excess costs and deliver products to the consumer faster.

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