Role of supply chain management companies
Whenever we're willing to purchase an item we need, all we have to do is visit our nearest supermarket or store. We pick up an item and pay for it and head back home. Do you ever wonder how all the essential items placed on the store's shelves come from? It is where the role of supply chain management companies comes into the picture. A supply chain management process aims to create a balance between supply and demand activities. Right from purchasing raw materials, converting raw material to finished goods to ensure real-time delivery of goods to end-consumer, a supply chain management process can streamline business operations on a large scale. An optimized supply chain can help build better consumer relationships while reducing operational costs. A supply chain management company plays an important role in managing processes like purchasing, operations, logistics, resource management, and information workflow. Firstly, the purchasing process deals with procuring raw mate