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Supply chain management flows can be divided into three main flows:
The product flow
The information flow
The finances flow
The product flow includes the movement of goods from a supplier to a customer, as well as any customer returns or service needs. The information flow involves transmitting orders and updating the status of delivery. The financial flow consists of credit terms, payment schedules, and consignment and title ownership arrangements.
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Rene
LaoThe three main flows in a supply chain are product flow (physical movement of goods), information flow (sharing of data and information), and financial flow (transfer of funds between organizations in the supply chain). These flows are essential for the smooth operation and coordination of activities within a supply chain.
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