You may have heard the term “supply chain” or “supply chain management” used in various contexts and wondered: What are supply chains, and what is supply chain management?
Supply chain management is the process by which manufacturers or other companies handle production flow and bring products or services to customers through various distribution channels.
In this article, we’ll examine the components of supply chain management, describe some of the different supply chain models and discuss what you can do to prepare to pursue a career in this growing and complex field. We’ll also answer the question: Why is supply chain management important?