Supply Chain Management this Term was coined post the Industrial reforms as the Producer dont wants to Produce Sale to distributor and ensure the delivery at the doorsteps and timely chase for his money from vendor. Hence this system got developed. Now in this the Producer Manufactures ABC Manufactures his Product DEF and hands it over to the Vendor or Supply Chain Company and this third party ensures the timely delivery of the Product at the doorstep of the GHI distributor and distributor with the help of another Supply Chain Company make sure the availablity of the product in the shelves of the End Sales Point which in turn would pay money to the vendor which deducts commission and handover to GHI distributor with order of new delivery
Hence It is a medium of quick response and flexiblity which makes it a most desirous process in every company and implemented successfully everywhere.