Question

During this week, please participate in the following discussion: Supply chain management (SCM) encompasses all the activities required to get the right product into the right consumer’s hands in the right quantity at the right time and at the right cost—from the identification of suppliers and the acquisition of raw materials through manufacture and customer delivery. Discuss an example of this from your research.

Answer 1

We can take example of supply chain management of Mc Donald's

Step-by-step explanation:

Supply chain management consists of activities that lead to the transformation or procuring of raw material into finished products. It increases customer satisfaction and competitiveness.

For example, Mc Donald's is very well adopting the supply chain. It tries to maintain the balance between suppliers and the demands of the customers. With that,t it maintains an optimal level of inventory also. Mc Donald's follow 'just on time' system. They fulfill the orders of the customers exactly on time.