Supply Chain Management

Supply chain management (SCM) means the management of the flow of materials, information, services, and funds across the entire supply chain, from suppliers to component producers and from producers to the customer who is the ultimate receiver of the service or product. SCM does not merely handle the pre-sale or logistics activities but also helps in post-sale service activities. It has become interesting as well as inevitable phenomenon in the business world since it has proven that for better coordination, it is must.