Supply chain management flows consists of these three main flows:
1) The product flow
2) The information flow
3) The finances flow
The product flow usually involves movement of products from a supplier to a customer, and also the back end process such as any customer returns or service needs.
The information flow involves the flow of information on orders and updating the status of delivery.
The financial flow consists of credit terms, payment schedules, and consignment and title ownership arrangements.
Here are some good example on the process flow of supply chain management:-
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Saturday, October 11, 2008
Supply Chain Management Process Flows
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8 comments:
it is very nice blog online supply chain management degree.
Thank you for sharing this very nice and useful information. I really enjoyed reading it. Its worth sharing.
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Supply chain management involves optimizing your operations to maximize both speed and efficiency. Speed is important because customers value fast service. Increasing speed, however, can cause costs to skyrocket, so maximizing efficiency is equally important.
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Hi fellas,
Thank you so much for this wonderful article really!
If someone want to read more about that Supply Chain I think this is the right place for you!
Good blog post thanks for sharing.
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