FUNCTIONS OF SUPPLY CHAIN MANAGEMENT AND PROCUREMENT

Using a network of facilities, supply chain management creates raw materials, transforms them into intermediate products, and then turns those into finished items, which are then distributed to clients. Different actors play different roles in supply chain management depending on the sector and the organisation. Supply Chain Management has thus emerged as a crucial topic for manufacturers, experts, and researchers. It is believed that the full structure of the supply chain must be properly understood in order to manage the supply chain effectively.