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Introduction To Supply Chain

The presentation on Supply Chain Management (SCM) outlines its definition, features, objectives, and significance in business operations. SCM focuses on optimizing the flow of goods, services, and information from origin to consumption, aiming to enhance efficiency, reduce costs, and improve customer satisfaction. Key aspects include inventory management, quality control, risk management, and sustainability, all contributing to a competitive advantage and increased profitability.

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17 views12 pages

Introduction To Supply Chain

The presentation on Supply Chain Management (SCM) outlines its definition, features, objectives, and significance in business operations. SCM focuses on optimizing the flow of goods, services, and information from origin to consumption, aiming to enhance efficiency, reduce costs, and improve customer satisfaction. Key aspects include inventory management, quality control, risk management, and sustainability, all contributing to a competitive advantage and increased profitability.

Uploaded by

rohanchawda266
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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MEDI-CAPS UNIVERSITY ,INDORE

SUPPLY CHAIN MANANGEMENT


PRESENTATION

Bachelors of Business Administration

Presented By:
Purva Thakur – MS22MS301253
Purva Patel – MS22MS301252
Rahil Trivedi – MS22MS301255
SCM Flow:
From Raw Material to Customer
Meaning and Definition...
• Supply Chain Management* (SCM) is the process of
planning, controlling, and overseeing the entire flow of
goods, services, information, and finances from the point of
origin to the point of consumption.

•It involves managing the movement of raw materials,


components, and finished products, as well as coordinating
activities across suppliers, manufacturers, distributors, and
retailers to ensure efficiency, cost-effectiveness, and
customer satisfaction.

• SCM aims to optimize the supply chain by reducing costs,


improving quality, increasing speed, and enhancing the
overall customer experience.
Features of Supply Chain Management...
1. Coordination and Collaboration:
SCM ensures all parts of the supply chain (suppliers,
manufacturers, and distributors) work together smoothly. This
collaboration helps avoid delays and ensures products are made
and delivered on time.

2. Inventory Management:
SCM helps manage stock levels so businesses don't run out of
products or overstock items. It makes sure that the right amount
of goods is available at the right time.

3. Efficiency:
SCM focuses on making processes faster and cheaper. This
involves improving production, transportation, and other
activities to reduce waste and cut costs.
Features of Supply Chain Management...

4. Quality Control:
SCM ensures that products meet the required standards,
from raw materials to the finished product. Quality checks
are done at different stages to maintain high quality
throughout the supply chain.

5. Customer Satisfaction:
By ensuring timely delivery, good product quality, and
cost-effectiveness, SCM helps improve customer
satisfaction. A well-managed supply chain ensures
customers get what they need, when they need it.
Objectives of Supply Chain Management...
SCM aims to improve efficiency, reduce costs, and ensure smooth
operations. Here are its main objectives:

1. Cost Reduction
Minimize production, storage, and transportation costs while
maintaining quality.

2. Customer Satisfaction
Deliver products on time, in the right quantity, and with good
quality to keep customers happy.

3. Efficient Inventory Management


Maintain the right balance of stock—avoiding shortages or excess
inventory.
Objectives of Supply Chain Management...

4. Faster Delivery & Responsiveness


Ensure quick product movement and respond to demand changes
effectively.

5. Supplier & Partner Relationship Management


Build strong connections with suppliers and distributors to
ensure smooth operations.

6. Quality Improvement
Maintain high product quality by ensuring raw materials and
production meet standards.
Objectives of Supply Chain Management...

7. Risk Management
Identify and reduce risks like delays, supply shortages, and
market fluctuations.

8. Sustainability & Green Supply Chain


Focus on eco-friendly practices, such as reducing waste and
using sustainable materials.
Importance and Significance of Supply
Chain Management (SCM)
1. Cost Savings
Efficient SCM helps reduce production, storage, and
transportation costs, leading to higher profits.

2. Better Customer Satisfaction


Ensures that products reach customers on time, in the right
quantity, and in good condition, improving customer trust and
loyalty.
3. Improved Efficiency
Streamlines processes from raw material sourcing to final
product delivery, reducing delays and errors.
Importance and Significance of Supply
Chain Management (SCM)
4. Competitive Advantage
A strong supply chain allows businesses to deliver products faster
and at lower costs
than competitors.

5. Risk Management
Helps businesses identify and reduce risks like supplier failures,
market changes, or transportation disruptions.

6. Inventory Optimization
Ensures businesses have the right amount of stock—avoiding
excess inventory costs or shortages.
Importance and Significance of Supply
Chain Management (SCM)
7. Better Supplier Relationships
Strong relationships with suppliers lead to better pricing, reliable
deliveries, and high-quality materials.

8. Supports Global Expansion


Enables businesses to operate efficiently across different countries with
smooth supply chain coordination.

9. Enhances Sustainability
Promotes eco-friendly practices by reducing waste, optimizing
transportation, and sourcing sustainable materials.

10. Boosts Profitability


A well-managed supply chain leads to cost reductions, better product
availability, and increased revenue.

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