Supply Chain Management Studies
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Supply chain is the integrated process wherein a number of various business entities such as: suppliers, manufacturers, distributors and retailers work together in an effort to: acquire raw materials, convert these raw materials into specified final products and deliver these final products to retailers. It spans all movement and storage of raw materials, work-in-process inventory and finished goods from point of origin to point of consumption. This chain is traditionally characterized by a forward flow of materials and a backward flow of information. It is also called the art of management of providing the right product, at the right time, at right place and at the right cost to the customer.
The management of logistics now-a-days is regarded as a key determinant of business competitiveness. Companies have substantially improved their performance not only by overhauling their internal logistics, but also by managing more effectively their external links with suppliers. These developments have created a healthy demand for well-developed logistics and supply chain management in most sectors of the economy. ConNet's consultants are qualified and experienced in supply chain management to evaluate organization's supply chain and convert them into the value chain to make the organization competitive locally and globally.