What is Supply Chain Management? | Meaning & Definition | Akrivia HCM

Supply Chain Management (SCM) can be explained as the management of all the activities involved in ensuring that your company has the proper supply of goods, materials, and services at a suitable place and at an excellent time to meet customer demand since it integrates people, material and processes to meet customers’ mission-critical requirements. It deals with procurement, distribution, and maintenance and relates to inventory planning, financial management, and organizational design.

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