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Supply chain management involves the management of the flow of goods and services from raw materials and includes all of the processes that turn raw materials to products.

An inventory control system allows you to control goods and stock, record movements and track purchases. It keeps your supply chain on track without any hiccups. The smooth functioning and management of these factors is crucial to your company's performance. Therefore, it is not something that should be handled simply with the help of pencil and paper. These systems make use of barcodes, images or imported lists to know the stock in a [...]

Who is an original equipment manufacturer? An original equipment manufacturer (OEM) is a manufacturer that produces components and materials that can be sold by another manufacturer. A company that produces automobile parts such as engine and batteries is an example of an OEM. These parts are later put together and sold by car manufacturers. Several other examples can be seen in the software and hardware industry.