Supply Chain Management
The global economy depends on Supply Chain, the management of logistics. It offers efficient, cost and time effective flow of goods and services across continents. It is Supply Chain, responsible for the storage and movement of raw materials, work in process inventory and the transfer of finished goods from manufacturer to consumer. The traditional Supply Chain Management System is plagued by a number of issues, including lack of transparency, insufficient track and trace abilities and counterfeit of products. These challenges need to be addressed to make the Supply Chain Management efficient.