Supply Chain Management

Source : google

Supply Chain Management:

Supply chain management is nothing but it is the management of supply the goods or products and services via a chain with different transportation or communication medium from one place to another place, from one location to another location, from one country to another country. SCM facilitator works across the globe. 

Supply chain management include various activities such as manufacturing, packaging and transporting. 

Supply chain management is a process of design, planning, execution, control and monitoring of supply activities.

Mumbai Dabbawala is a real time and best example of supply chain management. The dabbawala's system is organised with 20 to 30 people who are supervised by one of their leader that allocate dabbaas for their customers at a particular location. Then from that location to the next station and from next station to the direct customer. Without failing and without any delay, they provide the service of food to their customers .

Supply Chain with Respect to Customer Service: 

Supply chain involves sequence of different activities from supplier to customer. Customer service is most important factor in the supply chain management. Customers come to the organization or business for a particular service like buy, sale, for maintenance. 

If we take an example of a lenovo laptop service station. If customer come with some problems to the company for a particular product. Then service station should be in position or they are responsible for getting that product from customer for maintenance purpose and send it to the operators or engineers to solve a problem and the get it back in a safe and secure condition to the customer. This process should be very honest, authentic and very secure to get customers positive feedback.

Supply Chain Management with Respect to Inventory: 

Inventory management means a good or product that company wants to sell to their customers to make a profit. It includes controlling and overseeing the purchase of products from suppliers and customers , stock maintenance, controlling prices of products and fulfilment of orders. 

Inventory management includes,
Purchase Inventory, storing inventory, profit inventory.

Supply Chain Management with Respect to Warehouse: 

Data warehouse or product warehouse is very important key factor of supply chain management. The main very important goal of supply chain management is to maintain uninsulated flow of products. It starts with the collection of raw material and provide it to the manufacturer or production department and then distribute to the different locations as per customer demands. 

There are many factors that can interrupt the delivery services or delay the supply chain management so company should take extra care of the warehouse by keeping absolute warehouse of goods.

Customer demand and supply both are very important components of every business. Goods should be available 24/7 at their warehouse to fulfill customers demand.

What is Human Resources Management:  

Source: Google

Human resources management HRM or simply HR plays very important role in organization. It is a strategic approach for effectiveness and efficiency of the personnel in a company.

HRM is the management of personnel in the organization with the help of different policies and strategies.

Organization can achieve their desire goal through the people who work for organization. Working culture and work satisfaction is important component to the success of any organization. 

HR departments are responsible for employee recruitment, training and development, performance and work appraisal and to recommand token of appriciasion.

Following are HR Strategies: 

HR strategies are the set of different policies that adapts organization which integrate organization culture and employees by coordinating set of actions to fulfill and achieve business goal.

1.  Successful business:

To run a successful and stable organization the stet of strategic policies should apply for every business.

2. Portfolio Diversification: 

To tends the business from moderate to high levels to compete the other business.

3. Expanding Core Capabilities: 

Examination of internal capabilities to provide a competitive advantage.Development of existing capabilities and improvements towards next level.

4. Fast Moving Ecosystem: 

This tends with the performance management and deal with external behavior or indicators ir factors.

Written by,

Dr.Manisha More

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