Supply Chain Management (SCM) is the comprehensive process of managing the flow of goods and services from the initial stages of production to the delivery of the final product to consumers. It involves the coordination and management of various activities, including sourcing raw materials, production, inventory management, logistics, and delivery. The primary goal of SCM is to create the best product at the most efficient cost, ensuring customer satisfaction and business profitability. For small businesses, SCM can be particularly challenging yet essential. They often need to be more agile and…
Optimising Supply Chain Management: Key Strategies for Small Business Success in Today’s Dynamic Market
