Answer :
In the planning activity of supply chain management, organizations choose suppliers to provide the goods, services, and raw materials the company need to create their product or service. Supply chain planning (SCP) can be defined as the forward-looking process of coordinating assets to optimize the delivery of services, goods and information from supplier to customer, balancing supply and demand.
Supply chain management or also known as SCP can be defined as the management of the flow of goods and services includes all processes that transform raw materials into final products between locations and business. Suppliers can be defined as a company, a person or an organization that sells or supplies something such as equipment or goods to customers.
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