Supply Chain Management is defined as the systematic flow of materials, goods, and related information between suppliers, companies, retailers, and consumers. There are three different types of flows in supply chain management: which we will understand one by one:
- Material flow
- Information / data flow
- Money flow
Let’s look at each of these flows in detail and also see that they How effectively they can be applied to companies.
Money flow :
SCM- Flow Components
Seamless Supply -Transportation:
Lane operation decision:
Career Options and Modes:
Dock level operations:
Warehousing plays an important role in the supply chain process. In today’s industry, the demands and expectations of customers are undergoing tremendous change. We want everything at our doorstep – that too with efficient pricing. We can say that the management of warehousing functions demands a separate merger of engineering, IT, human resources and supply chain skills.
To neutralize the efficiency of the inbound function, a flat, case Ideal to accept materials in a durable vehicle like box or instant is. For labeling structure, equipment selection and commercial The process calls for the types and quantities of orders processed.
In addition, the number of stock-keeping units SKUs in distribution centers is an important consideration.
Warehouse Management Systems (WMS) takes products to their storage location where they should be stored. The functionality required for the completion and optimization of the receiving storage and shipping operations is then supplied.
Sourcing and purchasing:
Sourcing and procurement are an important part of supply chain management. The company decides whether it wants to conduct all the exercises internally or if it wants to get it done by another independent firm.
This is commonly referred to as the Make vs. Purchase decision, which we will briefly discuss in another chapter.
Return management can be defined as management that invites a merger of challenges and opportunities for inbound logistics. A cost-effective reverse logistics program combines the available supply of returns with product information and demand for repairable items or repossessed materials.
We have three pillars that support return management processes. These are as follows:
Speed: It is quick and easy return management and the creation of Change Material Authorization is very important to automate decisions about what (RMAS) to do and how to process them, if so.
Basically, speed return processing tools include automated workflows, labels and attachments, and user profiles.
Visibility: To improve visibility and predictability, information needs to be captured early in the process, ideally before delivering a return to the receiving dock. The most effective and easily implemented approach to achieve visibility is web-based portal, carrier integration and bar-code are identifiers.
Control: In the case of return management, synchronizing requirements to physical movements is a common issue that producers have to be very careful to handle and pay attention to receipts and reconciliation and update stakeholders of upcoming quality issues. In this case, reconciliation activates visibility and control throughout the enterprise. The main control points in this and the process are regulatory compliance, conciliation finalization and quality assurance.
Software solutions can help speed up return management by supporting user profiles and workflows that track content with web-based portals by labeling and documentation by label supply and documentation and deliver information periodically Reconciliation by exception-based reporting. These characteristics, when executed with the three columns described above, support a reliable and predictable return process to calculate value across the company.
Now the ordered shipment is over, what is the next step? Post sales service becomes an increasingly essential factor in the supply chain as businesses provide solutions rather than products. Post sales services include selling spare parts, installing upgrades, inspecting, maintaining and repairing, training and offering education and consulting.
Currently, with the increasing demands of customers, a large amount of after-sales service proves to be a profitable business. Here, services are basically Bisham and value-added services are provided before sales service.
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