Publisher's Synopsis
A supply chain involves multiple stages. These include the regulation of natural resources, extraction of raw material from these resources, varied processes of production, storage in different geographical locations and delivery to the customer. A supply chain strives to match demand with supply with minimal inventory. Logistics management is crucial to supply chain management. It integrates the various aspects of materials handling, production, packaging, transportation, inventory, information flow, etc. It also involves planning and controlling the efficient forward and reverse flow along with the storage of goods and services from the point of origin to the point of production. This book is a valuable compilation of topics, ranging from the basic to the most complex advancements in the field of supply chain management. Different approaches, evaluations, methodologies and advanced studies have been included in this book. It is a complete source of knowledge on the present status of this important field.
