Whois & Analysis for softeon.com

In commerce, supply chain management (SCM), the management of the flow of goods and services, involves the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

Interconnected or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.

Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally.".

Logistics is generally the detailed organization and implementation of a complex operation.

In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations.

The resources managed in logistics can include physical items such as food, materials, animals, equipment, and liquids; as well as abstract items, such as time and information.

The logistics of physical items usually involves the integration of information flow, material handling, production, packaging, inventory, transportation, warehousing, and often security.

A warehouse is a commercial building for storage of goods.

Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc.

They are usually large plain buildings in industrial areas of cities, towns and villages.

The outcome of business operations is the harvesting of value from assets owned by a business.

Assets can be either physical or intangible.

An example of value derived from a physical asset, like a building, is rent.

An example of value derived from an intangible asset, like an idea, is a royalty.

The effort involved in "harvesting" this value is what constitutes business operations cycles.

Inventory or stock means to the goods and materials that a business holds for the ultimate goals to have a purpose of resale (or repair).