SCM implementation and its barriers.
Definition of supply chain and how it is different from logistics. A supply chain is a network that connects an industry's suppliers in order to manufacture and market a certain product or service. Suppliers, producers, delivery companies, warehouses, distribution hubs, and retailers are all part of the supply chain. The main difference between logistics and supply chain is that logistics is concerned with the flow of commodities throughout the distribution chain. In contrast, supply chain management is concerned with transforming raw materials into goods and delivering them to consumers.
The most challenging barrier to deal with in SCM implementation Despite its numerous advantages, SCM deployment is difficult, and businesses face obstacles that hinder them from implementing efficient SCM. According to Kaur, synchronization of procedures amongst supply chain members in all functional...
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