PERIODICAL EVALUATION OF SUPPLY CHAIN MANAGEMENT IN INDIA AND CHALLENGES OF ITS FUTURE GROWTH

Supply Chain is one of the greatest inventions and a highly valued tool in the commercial sector around the globe that helps individuals and organizations to achieve their business goals. It is the backbone of different operations like procurement, price analysis, distribution, transportation and feedback in organizations. It encompasses all activities of the various processes from raw material to finished goods and to the delivery to the end users of the company. This paper focuses on the factors that help in the implementation of supply chain management, its elements and process in organizations. The article is a periodical study about its inception to multiple stages of development in global as well as Indian business markets. Also, it talks about the challenges faced by supply chain management in Indian market and concludes with recommendations for its future growth.

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Keywords: Supply Chain Management, Era, Globalization, Elements, Integration, Transportation, Procurement, Distribution, Infrastructure & GST.


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