IGNOU BPAS 184 2026 - Explain the components and challenges of Supply chain Manage

Question

Explain the components and challenges of Supply chain Management.

12 Feb 2026

Answer :

Word Count : 308

Supply chain management (SCM) is a comprehensive process that involves the coordination of activities, resources, and information from the point of origin of raw materials to the delivery of finished goods to the end customer. The primary components of supply chain management include procurement, production, inventory management, warehousing, transportation, and information flow. Procurement involves sourcing raw materials and establishing relationships with suppliers to ensure timely and cost-effective availability

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