A supply chain is a network of suppliers, individuals, technology, organisations, activities, and resources of a business for delivering a product or service. All these entities could be a part of the sourcing, procuring raw materials or equipment, manufacturing, selling, or all logistical processes that ultimately helps to deliver finished goods to the end users.
Supply Chain Management (SCM) is thus, explained as the management of a supply chain to increase its operational excellence and improve customer value.
With Supply Chain Finance up to Rs.30 lakh from Bajaj Finserv, your SME business can solve for cash flow problems, fund blocked payments from debtors, take up a bulk or new order and ensure the smooth functioning of your business.
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