Description

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A supply chain is a system of people, organizations, information, resources and activities that is involved in the movement of services and products from the supplier to the customer. The activities related to supply chain deal with the transformation of raw materials, natural resources and components into a final product that is delivered to the customer. Supply chain management includes the management of this flow of goods and services. It involves the design, control, planning, execution and monitoring of supply chain activities. It aims to create net value and synchronize supply with demand. Supply chain management makes use of various areas such as logistics, information technology, operations management, systems engineering, industrial engineering and marketing. This book outlines the processes and applications of supply chain management in detail. It also unfolds the innovative aspects of this field, which will be crucial for the progress of this field in the future. This book is a complete source of knowledge on the present status of this important field.