RESEARCH PAPER ON CONCEPTUAL STUDY OF ONLINE SUPPLY CHAIN MANAGEMENT FOR NATION BUILDING

Abstract

Online Supply chain Management is a supply chain management component that is used to meet customer demands through the planning, control and implementation of the effective movement and storage of related information, goods and services from origin to destination. It is also themed as  Logistics management which helps companies reduce expenses and enhance customer service delivering goods to the destination. The logistic is art and science which has to be performed in best way. We have to manage the various functions of supply chain management for building the nation strong financially. By adhering to customer needs and industry standards, online supply chain or logistics management facilitates process strategy, planning and implementation . The use of computers, Internet, ecommerce websites is rapidly used in this sector in present days. 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 to meet requirements of customers or corporations. The resources managed in logistics may include tangible goods such as materials, equipment, and supplies, as well as food and other consumable items. The logistics of physical items usually involves the integration of information flow, materials handling, production, packaging, inventory, transportation, warehousing, and often security.