Primary Functions of Supply Chain Management You Must Know

Supply chain management, as the name suggests, refers to the management of flow of goods and services. In addition, the process also includes ┬áthe management of transformation of raw goods into final product, and its distribution to the dealers so it reaches the end customer. Not just that, SCM also involves the active streamlining of a business’s supply-side activities to maximize customer value and gain … Continue reading Primary Functions of Supply Chain Management You Must Know

Understanding Differentiation On Invoice Discounting, Supply Chain Finance and Factoring

Small and medium businesses all across the country are opting for alternate modes of financing to fund their rapid growth. Most of these companies operate on a much smaller capital and often do not generate the same revenues throughout the year. Furthermore, pending bills and higher cost of raw materials usually put production to halt as these businesses fail to secure the necessary overhead expenditures. … Continue reading Understanding Differentiation On Invoice Discounting, Supply Chain Finance and Factoring