When companies handle economic supply chains, they're dealing with everything from making products to developing them, managing information systems, and getting those goods shipped and distributed. By doing this well, companies can save money and get products to customers faster. This involves controlling things like internal inventories, production, distribution, sales, and vendor inventories.

The supply chain has five main parts, and the person in charge called the supply chain manager, coordinates and manages all of them. These are the principles of supply chain management:

• Source: This is where companies get the raw materials for their products or services.
• Product manufacturing: This focuses on making products with good quality and efficiency.
• Delivery and logistics: Managing the transportation and delivery of products. Top logistics companies in India play a crucial role in this aspect.
• Strategy in the final planning: Planning for the final stages of getting products to customers.
• Return System: Multimodal transportation solutionsenhance the efficiency of managing product returns, streamlining the process for handling, and redistributing unwanted products seamlessly.

Supply chain managers do more than just handle logistics and buy inventory. Instead of only dealing with those tasks, they actively work to prevent shortages and find cost-effective solutions. They play a crucial role in overseeing and managing the entire supply chain and logistics operations, aiming to make everything more efficient and less costly at each step.