Answer: Supply chain management.
Step-by-step explanation:
The supply chain management is one of the effective method that control the flow of various type of goods and the services by transforming all the raw material into the final product.
The supply chain management plays an important role as it provide the customer satisfaction management and also increase the competitiveness in the market.
The main goal of the supply chain management is that it enhanced the responsiveness in an organization, build the network resiliency and also give the customer value.
There are various types of benefits that the supply chain management provide are as follows:
- Reduce the overall cost effect
- Providing the high efficiency rate
- Enhance the network of the supply chain management