As per the bullwhip effect, retailer member of the supply chain will see the largest variation in demand along the supply chain. A supply chain is the process through which raw materials and components are transformed into a finished product that is delivered to a client. It consists of a complicated network of organizations and activities.
Including raw material suppliers, producers, distributors, retailers, and the client. SCM provides centralized control over the demand phases of product production and sales such as planning, design, manufacturing, inventory, and distribution. The purpose of supply chain management is to improve efficiency by coordinating the operations of the many supply chain actors.
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