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Supply chain management (SCM) is the management of the flow of goods and services.

It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.

Interconnected or interlinked networks, channels and node businesses are involved in the provision of products and services required by end customers in a supply chain.

Supply chain management has been defined as the
"Design,
Planning,
Execution,
control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally."

SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.

Economy
Commodity Public economics
Labour economics
Development economics
International economics Mixed economy Planned economy
Econometrics
Environmental economics
Open economy
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Microeconomics Macroeconomics Economic development Economic statistics

Corporate law
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Contract Corporate crime
Corporate liability Insolvency law International trade law Mergers and acquisitions

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Financial statement
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Cash conversion cycle Insider dealing
Capital budgeting Commercial bank
Derivative Financial statement analysis
Financial risk Public finance
Corporate finance
Managerial finance
International finance Liquidation Stock market Financial market
Tax Financial institution
Working capital Venture capital

Accounting
Management accounting
Financial accounting
Financial audit



Supply Chain Management Example



Supply Chain Management Example