What is supply chain management and how does it work? Let's explore the highlights of the topic including the history, functions, and more that go into supply chain management., In commerce, supply chain management (SCM) deals with a system of procurement (purchasing raw materials/components), operations management, logistics and marketing channels, through which raw materials can be developed into finished products and delivered to their end customers. [2][3] A more narrow definition of supply chain management is the , What is supply chain management (SCM)? Supply chain management (SCM) is the optimization of a product's creation and flow from raw material sourcing to production, logistics and delivery to the final customer. SCM encompasses the integrated planning and execution of processes required to manage the movement of materials, information and financial capital in activities that broadly include , Supply chain management (SCM) software solutions manage the flow of goods, data, and finances from their origin to the final destination., Discover what Supply Chain Management is and how it improves efficiency, reduces costs, and boosts overall business performance in today’s market., What is supply chain management? Supply chain management refers to coordinating and overseeing various activities involved in producing, distributing, and delivering goods or services from their source to the end consumer. It entails everything from sourcing the raw components for a product to delivering the final result directly to the consumer..