ISSN: 2278-1218

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ROLE OF SUPPLY CHAIN MANAGEMENT IN RETAIL SECTOR OF INDIA

The management of the supply chain is a vast and complicated endeavor, and its successful operation is dependent on the contribution of every participant, from the suppliers to the manufacturers and beyond. As a consequence of this, efficient management of the supply chain also includes management of change, cooperation, and risk management in order to establish alignment and communication across all of the organizations. In addition, the concept of supply chain sustainability, which evaluates environmental, social, and legal issues in addition to sustainable procurement, as well as the closely related concept of corporate social responsibility, which evaluates the effect a company has on the environment and social well-being, are both major areas of concern for the businesses of today.

Keywords: Supply Chain Management, Technology, Retail, Industry.