Week 1 Using 250 Words Less One Paragraph Discuss Definition Supply Chain Management Role Q34207442

Week 1: Using 250 words In no less than one paragraphdiscuss your definition of Supply Chain Management and its role ina company’s ability to compete effectively in the market
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Expert Answer

Answer-Supply chain management, alsocalled logistics network, includes suppliers, industrializedcenters, warehouses, distributions centers, and retail outlets, aswell as unprocessed materials, work-in-progress stock, and finishedgoods that run linking the facilities. S C M is all about havingthe right product in the right place, at the right price, at theright time and in the right condition. A good way to explain supplychain management is to use a worldwide