What is Supply Chain Management?

Supply chain management (SCM) is a critical part of any business providing a tangible good or service to a customer. It involves integrating all the steps required to source materials, manufacture inputs to outputs, and deliver final products and services to consumers. SCM ensures a business operates efficiently and effectively so it can meet demand and satisfy customers, without wasting resources. Learn more about supply chain, supply chain management, and supply chain operations in this article from IBM.