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What supply chain management includes?ManagementPlanningE-commerceSales management

Question

What supply chain management includes?ManagementPlanningE-commerceSales management

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Solution

Supply chain management includes several key elements:

  1. Management: This involves overseeing all the different parts of the supply chain to ensure they work together effectively. It includes making decisions about what supplies are needed, who should supply them, and how they should be transported and stored.

  2. Planning: This is about predicting what will be needed in the future, and setting up the supply chain to meet those needs. It involves forecasting demand, planning for different scenarios, and setting up contingency plans in case things don't go as expected.

  3. E-commerce: This is the use of online platforms to buy and sell goods and services. In supply chain management, it can involve ordering supplies online, tracking shipments digitally, and using digital platforms to sell products to the end customer.

  4. Sales management: This involves managing the process of selling products to customers. It includes setting sales targets, managing sales teams, and overseeing customer relationships. In the context of supply chain management, it also involves ensuring that the supply chain can support the sales process, for example by ensuring that products are available when customers want to buy them.

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