What Is Supply Chain Management? | How Does Supply Chain Management Work? | SImplilearn

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Welcome to our comprehensive video on Supply Chain Management! In this video, we will talk about supply chain management, explaining it in simple terms.
Firstly, we will break down what exactly a supply chain is and how it has changed over time. You will understand why supply chain management is crucial for businesses and the economy as a whole.
We will then delve into how supply chain management works, covering its key stages and different types. You will get a clear picture of the entire process from sourcing raw materials to delivering finished products to customers.
To make things even easier to understand, we will walk you through a basic example. This will help you see how all the stages of the supply chain come together in real life.
We will also share some simple strategies and examples to help you optimize your own supply chain. If you're new to the topic or looking to improve your skills, this video has got you covered.
Below are the topics covered in What is Suppy Chain Management : 00:00:04 Introduction to Supply Chain Management
00:04:05 What is Supply Chain Management?
00:04:37 Salary
00:05:44 Evolution of Supply Chain Management
00:06:27 Advantages of Supply Chain Management
00:07:04 Role Of Supply Chain Management
00:07:34 How Does It Work?
00:08:14 The 5 Stages
00:09:19 Types Of Supply Chain
00:10:27 Basic Supply Chain Example
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