Supply Chain Management in Hindi | What is Supply Chain Management? | Part 1 | TechMoodly

•Aug 25, 2020
Today, I’m going to explain Supply Chain Management (#SCM) in hindi with Example. Watch to learn "What is supply chain in Hind
•Aug 25, 2020
Today, I’m going to explain Supply Chain Management (#SCM) in hindi with Example. Watch to learn "What is supply chain in Hindi? and What is Supply chain management in hindi?" and don’t forget to subscribe to our channel and turn on your notifications!

You can also checkout:
How Supply Chain Management works? :https://youtu.be/pqCWh5OovW0

What is Supply Chain?

A supply chain is a network between a company and its suppliers to produce and distribute a specific product to the final buyer. This network includes different activities, people, entities, information, and resources. The supply chain also represents the steps it takes to get the product or service from its original state to the customer.


Companies develop supply chains so they can reduce their costs and remain competitive in the business landscape.


Supply chain management is a crucial process because an optimized supply chain results in lower costs and a faster production cycle.

Understanding #SupplyChains
A supply chain involves a series of steps involved to get a product or service to the customer. The steps include moving and transforming raw materials into finished products, transporting those products, and distributing them to the end-user. The entities involved in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers.

What is #SupplyChainManagement?

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.


#SCM represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains cover everything from production to product development to the information systems needed to direct these undertakings.

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