Retail Supply Chain Management is the process of managing the entire supply chain of a retail business. The key differentiating factor of retail supply chain management from other supply chain management is in the volume of product movement and how fast the moving nature of the products are done. ‘Retail SCM’ can be defined as the management of a network of all retail business processes and activities involving procurement of raw materials, manufacturing, and distribution management of finished goods to reach the end-user. SCM is also called the art of management of providing the Right Product, At the Right Time, Right Place, and at the Right Cost to the Customer.
This online course teaches some of the best practices and methods of effective and efficient Retail Supply Chain Management.