Supply Chain Management (SCM) is the process of managing the flow of goods and services from the point of origin to the point of consumption. It involves the coordination and integration of all activities related to the production, storage, distribution, and delivery of goods and services. SCM is a critical component of any business, as it helps to ensure that goods and services are delivered on time and at the right cost.
SCM includes activities such as inventory management, order fulfillment, transportation, warehousing, and customer service. It also involves the use of technology to track and monitor the flow of goods and services. SCM is a complex process that requires careful planning and execution.
Some of the leading companies in the SCM market include Oracle, SAP, IBM, JDA Software, Manhattan Associates, and Infor. These companies provide a range of solutions to help businesses manage their supply chains more efficiently. Show Less Read more