Strategic Supply Chain Management

A supply chain is composed of numerous interrelated or interlinked networks and channels which combine to provide products and services to the final consumers. The management of the flow of goods and services is referred to as supply chain management. It includes the movement and storage of raw materials as well as finished goods from point of origin to the point of consumption. Supply chain management also involves the designing, planning, execution, monitoring and control of the activities which take place in the supply chain. It aims to create net value, build a competitive infrastructure, leverage worldwide logistics and synchronize supply with demand. Supply chain management uses tools from various areas such as industrial engineering, marketing, systems engineering, logistics, information technology, operations management, information technology and procurement. This book outlines the processes and applications of supply chain management in detail. Some of the diverse topics covered herein address the varied branches that fall under this category. This textbook will provide comprehensive knowledge to the readers.