Defining Supply Chain Management

Inventory companies must have a system in place to manage any kind of sales. To ensure that all orders are fulfilled on time, a company needs a system for inventory. A shortage in inventory can cause sales delays that could lead to a company losing its credibility and reputation. To keep track of inventory, allotted sales invoices, product orders, inventory on hand, and inventory that is currently being shipped from suppliers, more companies use supply chain management. If the supply chain runs smoothly, there are very few chances of customers being dissatisfied or losing sales due to problems with supply and demand.




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