Global Journal of Engineering, Design & Technology
Open Access

Abstract

Optimum Supply Chain Cost by Numerical Method

Manoj Saini, Satnam Singh and Vijayesh Rathi

Supply chain management (SCM) is the term used to describe the management of the flow of materials, information, and funds across the entire supply chain, from suppliers to component producers to final assemblers to distribution (warehouses and retailers), and ultimately to the consumer. A case on the supply chain cost has been presented and the optimum cost is found out using numerical method. 16.35% efficiency increment observed after applying supply chain systems.