Business Operations

Supply Chain Management Definition

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What Is Supply Chain Management? Supply chain management (SCM) is the strategic coordination of every activity involved in creating a product and delivering it to the end‑customer. It covers sourcing raw materials, production planning, inventory control, warehousing, transportation, and post‑sale support. In short, SCM is the discipline of managing the end‑to‑end flow of goods, information, … Read more

Bottleneck Analysis Definition in Business Operations and Manufacturing

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Understanding Bottleneck Analysis A bottleneck is a point of congestion in a process or workflow that slows down overall performance. It occurs when the capacity of one part of a system is less than the demands placed on it, causing delays and inefficiencies. Typically, bottlenecks can lead to increased cycle times and accumulating backlogs. Examples … Read more