WareMatch Glossary
Supply Chain Management (SCM)
Coordinating all activities involved in producing, storing, and delivering products.
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Updated 2025-10-01
Definition
SCM involves planning, implementing, and controlling supply chain operations to maximize efficiency, reduce costs, and meet customer demand.
Overview
Overview
SCM covers procurement, manufacturing, transportation, warehousing, and distribution, ensuring that products flow smoothly from suppliers to customers.
Key Elements
- Supplier management
- Production planning
- Inventory management
- Logistics and transportation
Example
A smartphone company manages suppliers, assembly, warehousing, and delivery through SCM to ensure products reach stores and online customers efficiently.
Tags
#SCM#Supply Chain#Logistics#Inventory Management#Transportation
Related Terms
Supply Chain Visibility
Inventory Management
Distribution Center
