Supply Chain Management: Ensuring Efficiency and Reliability
Keywords:
Supply Chain Management, Efficiency, Reliability, Optimization, Competitive Advantage, Logistics, Inventory Management, Collaboration, Technology, GlobalizationAbstract
Supply chain management (SCM) plays a pivotal role in modern business operations, ensuring the efficient flow of goods and services from suppliers to consumers. This article explores the significance of SCM in enhancing efficiency and reliability within supply chains. It discusses key principles, challenges, and strategies for optimizing SCM processes to meet the demands of today's dynamic market environments. Drawing on theoretical frameworks and practical examples, this paper aims to provide insights into the critical role of SCM in sustaining competitive advantage and fostering organizational success.