supply chain management
noun
Pronunciation: səˈplaɪ tʃeɪn ˈmænɪdʒmənt
Definition
The coordination and oversight of all activities involved in sourcing, manufacturing, and delivering products to the end customer.
Examples
Effective supply chain management is essential for reducing costs and improving delivery speeds in global retail.
She decided to pursue a master's degree in supply chain management to help her family's logistics business.
Disruptions in supply chain management during the pandemic caused shortages of many essential consumer goods.
Synonyms of supply chain management
Words with a similar meaning to supply chain management:
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