Supply Chain Management
In every business, there are some suppliers as well as some customers. For our suppliers we are customers and for our customers we are suppliers. Moreover, our suppliers also have suppliers and our customers have customers too. Therefore, the concept of supply chain management is to manage the coordination in flow of materials or service from our supplier's supplier to our customer's customer. The aim of supply chain management is to generate information from company's supply chain activities to gain competitive advantage by reducing cost and through increasing sales because of the customer satisfaction (Boyson, Harrington, & Corsi, 2004). With ...