1. SUPPLY CHAIN MANAGEMENT (SCM)
“Supply Chain Management is based on accurate order processing, just-in-time inventory management & timely order fulfillment”.
Basically, supply chain management facilitates a company
Get the right Product ( demand )
At the right Time ( season )
At the right Place ( needed )
In the proper Quantity (order )
At an acceptable Cost ( agreement )

2. Goals of Supply Chain Management
The goal of SCM is to
Forecast demand (interest, taste, value )
Control inventory (methods, FIFO,LIFO & W.A)
Enhance relationships with customers, suppliers, distributors, and others ( Internet )
Receive feedback

3. Supply Chain Life Cycle

4. Benefits of SCM SCM provides key business benefits such as:
Faster Supply
Accurate Order Processing
Reduction in Inventory Levels
Quicker Times to Market
Lower Transaction
Material Cost &
Strategic Relationship with Suppliers.

5. Problems or Challenges of SCM
Lack of Planning Knowledge, Tools & Guidelines
Inaccurate Data Provided by other Information System
Lack of Adequate Collaboration within and outside the Organization
Software Tools are Immature, Incomplete & Hard to Implement.

6. Goals & Objectives of SCM