By: Dominic Corey
Firstly you have to understand what supply chain is? A supply chain is the system of organizations, people, technology, actions, information and resources concerned in moving an item for consumption or service from supplier to consumer.
It is the control of materials, information, and capital and funds as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. It also involves coordinating and integrating these flows both within and among companies. The ultimate goal of any effective management system of supply chain is to reduce inventory (with the assumption that products are available when needed).
In you supply chain dissertation you have to study and understand the terms of supply chain and supply chain management thoroughly. Break the definition into many components. By breaking the definition into several parts you can simplify your topic for yourself and it would be easier for you to pick only one component of the definition and focus your research on that component. The management of supply chain is always critical and important task for any business globally. It is a long process to deliver the finished goods to the consumer with the reduction in the inventory in a manner that they should be able to meet the needs of the market. The process includes producer, whole seller, distributer, retailer, depot, stockiest and shop keeper. The success of any business depends mostly on sales and the sales depend completely on management system of supply chain. It is a system through which the producer and whole seller keep the particular amount in their hand in the stock and supply the goods according the demand of the market. However, supply chain should be interrelated and integrated in a manner that it does not waste or spoil the finished goods. Supply chain also makes sure the availability of goods anywhere in the domain that the consumer could buy it easily at reasonable market prices.
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