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Supply Chain Management Assignment
What Is Supply Chain Management? Definition/Meaning
Supply Chain Management is the management of all operations and activities in the supply chain to maximize value for customers, and achieve competitive advantage. This is a continuous production effort by supply firms to develop supply chains and operate them in the most efficient and effective way possible. Organizations involved in supply chain are linked together through information flows and physical flows. Physical flows involve movement, transformation, and storage of materials and goods while information flows involve the coordination and control of the everyday flow of materials and goods in the supply chain.
Benefits of Studying Supply Chain Management; Career Opportunities
The Supply Chain Management industry has grown over time. Supply chain role goes beyond the basic purchasing process and involves inventory control, logistics, warehousing, freight, customer service, demand planning, supplier management, sourcing and all other activities in the supply process. It is a career path that will keep you challenged and bring about growth as you interact with teams from other departments involved in supply chain activities. It is a career path that opens up lots of jobs opportunities for graduates. Most of the students graduating from this course are guaranteed to secure a job within their first year of study completion
Study Work Load Faced by Supply Chain Management Students
Theory-based courses can at times be tiresome due to the extensive course content and concepts to be grasped by the students. Professors too often get caught up in coverage of the course content and opt to have students cover most of it through giving them assignments, and research work. It is quite hectic when you as a student have a lot to deal with besides your Supply Chain Management coursework. That should not be the end of it though; there is an easy and sure way out of this dilemma.
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