Supply Chain Management
Review the following in preparation for your essay.
Supply Chain: All organizations, processes, and activities involved in the flow of goods from the raw materials to the final consumer.
Supply Chain Management (SCM): Planning and coordinating the movement of products along the supply chain.
Logistics: Part of supply chain management that focuses on the tactics involved in moving products along the supply chain .
Essay Question (2 sub-questions):
Why is Supply Chain Management vital to the wholesale and/or retail industry?
What changes are occurring in the industry that impact how products are developed and delivered to the end consumer? Include specific examples.
What impact did the pandemic have on logistics and supply chain management ?