The future of supply chain management is moving away from ‘push-based’ sourcing and production strategies to ‘pull-based’ strategies. This means that the time pressure on manufacturing and logistics is decreasing so that companies have more time to plan and identify their needs.

In 2022, demand for the goods and services was always expected to grow with limited supply but by 2022, there will be excess of demand for products. This has led organizations to invest in improving their forecasting ability which will help them manage the inventory better.

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Budgets allocated towards supply chain management study can be a strong investment in the future of manufacturing, logistics and distribution processes.

It is difficult to control the entire supply chain, but it is not that hard to meet customer demand with the right supply chain management. In this section, we will explore all the nuances of supply chain management and how it can help you in meeting customer demand in the long run.

With this section on Supply Chain Management, we hope that you gain a better understanding of what Supply Chain Management entails, its importance and how it can help you in achieving your goals in the future.