Supply Chain Management

Supply Chain Management (SCM) is the strategic oversight of the end-to-end flow of goods, information, and finances required to move a product or service from its origin to the final customer. It encompasses the integrated planning and execution of processes including sourcing, procurement, manufacturing, logistics, and inventory management across a network of suppliers, producers, and distributors. The primary goal of SCM is to create a highly efficient and responsive network that synchronizes supply with demand, thereby minimizing costs, maximizing customer value, and securing a sustainable competitive advantage in the marketplace.