Supply Chain Management (SCM)
What's Supply Chain Management? A t some point in your life someone has asked you this very important question: 'What's for dinner?' There must be a million possible answers to that question. Pizza? Tacos? Lamb chops? No matter what your answer is, none of these foods will just appear out of nowhere. They have to first move from their original raw state into the packaged products you buy in the store. In other words, they have to go along a supply chain. In fact, everything you've ever purchased has been available to you because it was a part of a supply chain. A supply chain is the network of businesses and people that work together to move raw materials into finished goods and eventually to the end-user. The supply chain is directly or indirectly responsible for fulfilling your needs. Supply chain management ( SCM ) is the active integration and coordination of all supply chain activities to provide you, the customer, with the best value. Providing you wi...