Supply Chain Management Concepts & its Implications

The research paper highlights Supply Chain Management concepts based on the literature review of various research articles. Research paper also aims at explaining the necessity of efficient Supply Chain Management for the organizations to meet customer's expectations in the best possible manner by providing quality products & services to their customers. Effective SCM practices helps organizations to achieve competitive advantage over the competitors, which in turn leads to the creation of customer delight as the customers get the products & services as per their expectations. Consequently, organization's performance also gets enhanced and a hike in the profit margins of an organization may be seen.