Supply chain management (SCM) is the strategic coordination of all activities involved in producing and delivering goods—from sourcing raw materials to getting the final product to customers.
Here's a more detailed breakdown:
🏗️ What It Involves
- Planning and sourcing: Identifying suppliers and acquiring raw materials.
- Production: Transforming materials into finished goods through manufacturing.
- Logistics and distribution: Storing, transporting, and delivering products to retailers or customers.
- Returns and after-sales: Handling product returns and customer service.
🎯 Key Goals
- Efficiency: Streamlining operations to reduce costs and delays.
- Customer satisfaction: Ensuring timely delivery and product quality.
- Responsiveness: Adapting quickly to market changes or disruptions.
- Sustainability: Minimizing environmental impact and promoting ethical sourcing.
đź”— Why It Matters
SCM is essential for maintaining competitiveness in today’s global market. It helps businesses:
- Reduce waste and costs
- Improve product availability
- Enhance collaboration across partners and departments
In short, effective supply chain management ensures that the right product reaches the right place at the right time—with minimal waste and maximum value.
This is a comprehensive unit which equip learners with practical knowledge and skills in procurement of goods and services ,contract planning,negotiation,administration and compliance with requlatory frameworks it focus on both private and public sector procurement system ,contract law,ethical sourcing supplier management and risk assesment
This course is design to equip students with practical and theoretical knowledge in procurement ,handling,storage and distribution of materials and supplies within various organizatiion.the course focus on efficient resource utilization,cost control,inventory management and inventory management and compliance with procurement policies and proceduresÂ