This week, nearly 10 years after he was killed in combat operations in Iraq, U.S. forces brought home the remains of F-16 pilot Maj. Troy Gilbert, who died saving the lives of U.S. ... 1 week ago.
Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies.ee complete definition. vendor-managed inventory (VMI). Vendor-managed inventory (VMI) is an inventory management technique in which a supplier of goods, usually the manufacturer, is ... See complete definition. warehouse management system (WMS).
With ever-evolving supply chain concepts, supply chain management process has become a dedicated function. Supply chain managers are given the responsibility to ensure that supply chain, be it external or internal, is efficient and cost-effective both.