Supply chain management deals with the entire network of movement of materials from the raw material source to the end customers in the form of processed consumable. In recent times supply chain management has boomed as an industry. Broadly, a supply chain has four stages – Sourcing, Procurement, Conversion and Logistics. Logistics management itself has emerged as a profession. Basically Supply Chain Management and Logistics Management are interconnected. Another important part of Supply Chain is Liasoning which also provides ample career opportunities. Supply chain management in short means the system of transport of raw materials from the source to the factory, then factory to inventory as prepared material, then Inventory to outlet and finally outlet to the end customer.
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Supply Chain Management – Emerging Profession in India
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