Evolution of Supply Chain Management SCM 1960 - Until Now

Will not ship until [19041994]


  • Business model


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The evolution of supply chain management, SCM, has been a major development in the field of business. The supply chain management practices have evolved from 1960 to now and the following are some of the major developments in this field. In 1960, organizations were focusing on managing their own inventory and distribution. However, with time they realized that if they were to be more efficient and competitive then they needed to manage their suppliers as well as both internal and external distribution channels. This led to the birth of SCM practices which had its roots in manufacturing industries but soon started being adopted by other industries as well.
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