Supply chain management is the systematic coordination of activities involved in the sourcing, production, and distribution of goods and services, encompassing a vast network of suppliers, manufacturers, distributors, and retailers. Its primary goal is to ensure the seamless flow of products from raw materials to end consumers while meeting customer demands efficiently. This complex process involves strategic planning, procurement, inventory management, logistics, and order fulfilment. Effective supply chain management entails optimising processes, reducing costs, and enhancing responsiveness to market changes. It plays a pivotal role in driving business success by fostering collaboration, mitigating risks, and maximising value creation throughout the supply chain network.
In today’s globalised economy, supply chain management is more critical than ever. It enables organisations to navigate complexities such as global sourcing, volatile market conditions, and evolving customer preferences. By leveraging technology, data analytics, and strategic partnerships, companies can achieve operational excellence and competitive advantage in the marketplace. Ultimately, supply chain management is the backbone of modern businesses, facilitating efficient operations, sustainable growth, and customer satisfaction in an interconnected world.
This course will provide the advance knowledge on the supply chain management aspects and parts of the entire process starting from logistics management, warehousing, e-commerce and global supply chain management.
