"Starting with raw material to delivery of final product to customer, the handling of the entire manufacturing of a good or service can be called supply chain management. Five factors are needed for the traditional management process, they are planning, sourcing, manufacturing, delivery and logistics and returning. Effective supply chain managing reduce cost, waste production and time while production cycle. Mainly three things causes increase in value of supply chain cycle. One is identifying potential problems that can arise between the manufacturer and buyer. Optimization of price in different situations accordingly is very important to improve margins. Confirmation of delivery on date, that is making sure the buyer is delivered with the promised product on time. The five C's defines effective supply chain cycle, connected, collaborative, comprehensive, cognitively abled and cyber aware. More interesting facts about the topic can be understood from the presentation."

Prachi Garg

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