Supply Chain Management:
Supply Chain Management refers to a management system in that all activities performed through supply chain members are coordinated and integrated within a seamless process, from the source to the point of consumption.
Supply Chain Management is the procedure of managing operations control, resource and inventory acquisition and purchasing, and thus improving whole efficiency and effectiveness.
Operations Management could be used as a control through coordinating it with other organizational functions to ensure in which the system focuses on the elements that are most crucial for goal attainment.
Purchasing Management is controlling the buying of the materials and resources are at the heart of effectual supply chain management.
Figure: Supply Chain Management
Inventory Management fundamentally signifies inventory control or materials control that is managing the organisation's raw materials, work-in process, finished goods and products in-transit.
Just-in-time (JIT) Management is an inventory system that has necessary materials arriving as soon as they are required (just in time) so that the production process is not interrupted.