Define Supply Management, provide examples. 250 words (Minimum) 2. Please explain functions of Supply Chain. 250 words (Minimum) 3. Please explain importance of Supply Chain. 250 words (Minimum) 4. Please explain Supply Chain principles. 250 words (Minimum) 5. How to measure Supply Chain performance? 250 words (Minimum) 6. How to manage your team involved in the supply chain?
The success of any organization depends on its management processes especially towards achievement of the specified goal. Thus, the critical process of identifying, acquiring and managing of resources remains significant for realization of the task to be carried. Supply management therefore plays a pivotal role in ensuring that there is efficient allocation of resources, risk management and effective gathering of information which are needed for decision making among others. This paper