supply chain is an English expression that means "supply chain" or "logistics chain", in the Portuguese translation.
It consists of a concept that encompasses the entire logistical process of a particular product or service, from its raw material (manufacturing) to its delivery to the final consumer.
O supply chain it is made up of several members, who work at different stages during the process, such as: manufacturers, suppliers, warehouses, distributors, retailers and, finally, consumers.
From good supply chain management, positive results are expected both for business and for customer satisfaction.
Suppy Chain Management (SCM)
O supply chain management ("supply chain management", in translation) is the strategic management model applied in “integrated logistics”.
However, it is noteworthy that the supply chain is an evolution of the so-called Integrated Logistics. While this acted from an internal unification, the supply chain management part of an external integration, that is, from raw material suppliers to the final customer.
Its main function is precisely ensure the effective integration of all supply chain members and processes.
In response to the current competitive market, another extremely important point of supply chain management it is the development of a good flow of information about the product, its raw materials, manufacturers, distributors and so on.
Currently, there are softwares and computer systems that help maintain the organization of the SCM, supporting the various aspects inherent to the production and distribution process of the products.
Reducing product costs, increasing profits, improving the relationship between suppliers and customers, among other qualities, are direct or indirect consequences of good management. supply chain.
See also the meaning of just in time.