Supply chain management is defined as the network of various people and organizations that oversee and manage goods and products as they move from supplier, to manufacturer, to the wholesaler, to the retailer, and finally, to the consumer.
Supply chain management Infographic
In regard to product development, the purpose of supply chain management is to ensure that your products are effectively meeting all requirements and reaching the marketplace in the most cost-efficient manner. This infographic reveals the importance and benefits of using the supply chain management model for your new product.