Review:
Supply Chain Management
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Supply chain management is the management of the flow of goods and services, involving the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.
Key Features
- Inventory management
- Logistics
- Order processing
- Demand forecasting
- Supplier relationship management
Pros
- Efficient inventory management
- Reduced costs through optimized logistics
- Improved customer service through timely order processing
Cons
- Complexity in managing multiple suppliers
- Risk of disruptions in the supply chain