Supply Chain Management

By Dhanashree Santosh Deshmukh

Have you ever imagined how we get the right goods at the right time in our hand?

The key of every business chain starts with the supply chain management. The different chain of dealings in the business, right from the manufacturer till the end user in an appropriate right direction, play a dominant role with the help of supply chain management. A network having different connections from placing the right products in the right quantity at the right time as well as at the right cost gives an impact towards the accessibility of the internal working as well as the external working environment of different firms to get the right efficiency of the output. The never-ending process which requires all the legal aspects from where the business dealings move further from the retailers, wholesalers,

warehousing, transportation and the accurate commodity reaches to the end users without any delays with the appropriate flow without any stoppage. The different drivers consist of six elements like Facilities, Production, Supply, Inventory, Location as well as the Transportation. As we are getting different choices, in the same manner, transportation under supply chain has different modes like Road Transport, Rail Transport and Air Transport too which gives a strategy to the smooth flow of distribution of goods. The marketing channel which describes the channel members as well as the types of channels, whether it be Horizontal Marketing Channel or Vertical Marketing Channel. Each and every step starts with the proper flow supply chain management helps the flow to make a proper route to reach the destination at the stipulated time which means reaching the products or services to the consumers without any delay.

By Dhanashree Santosh Deshmukh