Today, consumers are increasingly comfortable with doorstep delivery, making efficient logistics and supply chain management essential for businesses of all sizes to ensure timely and reliable product delivery. While the terms logistics and supply chain management (SCM) are often used interchangeably, it’s important to note that logistics is just one component of the broader Supply Chain Man...
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The terms Procurement and Supply Chain Management (SCM) are often mistakenly used interchangeably in business discussions. This confusion is more than a simple semantics issue; it reflects a potentially fatal operational disconnect. A modern, successful enterprise must recognize procurement in supply chain as a critical function within the overarching strategy of Supply Chain Management. To put i...
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Global supply chains are no longer linear. Today, goods don’t just move from manufacturer to consumer—they also flow backward for returns, repairs, recycling, and safe disposal. This backward journey is called Reverse Supply Chain Management (RSCM).For modern businesses, especially supply chain companies in India, RSCM is a critical strategy. It supports supply chain sustainability, reduces costs,...
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