What is Supplier Relationship Management
What is Supplier Relationship Management? Supplier Relationship Management (SRM) is a strategic approach aimed at fostering, enhancing, and maintaining relationships with suppliers. SRM helps streamline vendor interactions to improve...
Role of Information Technology (IT) in Supply Chain Management
Why is Information Technology (IT) Important in Supply Chain Management? The role of IT in supply chain management is crucial, as it provides essential tools for collecting and analysing...
What is Supply Chain Marketing
What is Supply Chain Marketing? The supply chain marketing definition states that aligning marketing efforts with supply chain operations optimizes the performance of supply chain processes and drives customer...
Upstream and Downstream Supply Chain
What is an Upstream Supply Chain? The upstream supply chain refers to the part of the supply chain responsible for the sourcing of raw materials and transporting them to...
What is Semiconductor Supply Chain
What is the Semiconductor Supply Chain? The semiconductor supply chain is a complex network involving companies responsible for every step from raw material sourcing to the final production and...
Bottle Neck Supply Chain
What is a Bottleneck Supply Chain? A supply chain bottleneck occurs when a process constraint slows down the overall flow of goods and services within the supply chain. This...
