Travelling Salesman Problem in Context of Supply Chain Management

Abstract

In today’s business environment, supply chain management (SCM) is recognized as managing the flow of information and materials from supplies to customers. In usual sense, a supply chain may be defined as system of organization, individuals, technologies, activities, information and resource involved in moving a product or service from right supplier or right group of suppliers to end users .In real business situation, SCM have many issues , out of which logistics is also an important one. 

Logistics cover issues related to the flow of physical goods between the original supplier and the point where goods distributed to the end user, overall focus of logistic planning is towards achieving profit with customer satisfaction. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, packaging, and often security. It decides the channel for supply chain.