Supply Chain Management – Key to Business Success: A review

ABSTRACT Supply Chain Management is management of material, money, men, and information within and across the supply chain to maximize customer satisfaction and to get an edge over competitors. As a result Supply Chain Management (SCM) has become a vital issue for manufacturers, business personnel, professionals and researchers. There is any lacuna than the entire related business activities shall remain standstill. Systematic supply chain activities can only satisfy the end users which inter alia provide scope for sustaining the business for a longer period in the market. It is felt that to manage the supply chain effectively the understanding of entire structure of supply chain is essential. This paper attempts to present a complete pictur