SCM (Supply Chain Management)

Supply Chain Management (SCM) is the process of overseeing and coordinating all activities involved in producing and delivering a product or service, from raw materials to the final customer. It involves planning, sourcing, manufacturing, transportation, and logistics to ensure materials move smoothly and efficiently. The goal is to optimize costs, improve quality, and ensure timely delivery, balancing supply and demand. Effective SCM helps companies respond quickly to market changes, reduce waste, and maintain customer satisfaction by integrating different steps and working closely with suppliers, manufacturers, and distributors.