What are the steps involved in supply chain management?

The Supply Chain Management Process includes the building blocks of Supply Chain Management are Strategic Planning, Demand Planning, Supply Planning, Procurement, Manufacturing, Warehousing, Order Fulfillment and Transportation business processes.Click to see full answer. Keeping this in consideration, what are the steps in supply chain management?Every supply chain management process involves designing, planning, executing, controlling, and monitoring of supply chain activities. It helps in building a competitive infrastructure, creating net value, supporting worldwide logistics, bringing demand and supply in synchronization, and measuring performance globally.Also, what is supply chain management process flow? Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business’s supply-side activities to maximize customer value and gain a competitive advantage in the marketplace. Also to know is, what are the 5 basic components of a supply chain management SCM system? Below are the components of supply chain management: Planning. Information. Source. Inventory. Production. Location. Transportation. Return of goods. What are the types of supply chain?Depending on the type of product or service and the sequence of steps in the supply chain process, supply chains can be categorized into various structures such as pipelined structure; late customization; divergent structure; and convergent structure [#! nvbook!#]