Supply Chain Management (SCM)

Supply chain management is the handling of the entire production flow of a good or service — starting from the raw components all the way to delivering the final product to the consumer. A company creates a network of suppliers (“links” in the chain) that move the product along from the suppliers of raw materials to those organizations that deal directly with users.

Benefits of SCM

• Ability to integrate throughout the supply chain
• Real-time and collaboration capabilities
• Process optimization
• Analytics and forecasting
• Customization
• Security
• Scalability