SUPPLY CHAIN MANAGEMENT
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.

PLANNING
Plan and manage all resources required to meet customer demand for a company’s product or service. When the supply chain is established, determine metrics to measure whether the supply chain is efficient, effective, delivers value to customers and meets company goals.

SOURCING
Choose suppliers to provide the goods and services needed to create the product. Then, establish processes to monitor and manage supplier relationships. Key processes include ordering, receiving, managing inventory and authorizing supplier payments.

MANUFACTURING
Organize the activities required to accept raw materials, manufacture the product, test for quality, package for shipping and schedule for delivery.

DELIVERY & LOGISTIC
Coordinating customer orders, scheduling delivery, dispatching loads, invoicing customers and receiving payments.

PRODUCT RETURN
Create a network or process to take back defective, excess or unwanted products.
