Supply chain management flows can be divided into three main flows:
- The product flow
- The information flow
- The finances flow
The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs.
The information flow involves transmitting ordersand updating the status of delivery.
The financial flow consists of credit terms, payment schedules, and consignment and title ownership arrangements.
Related Topic : Supply Chain management Flows By EC-council (Course Description)
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