Supply Chain Management definition - or two
Saturday, February 24th, 2007Supply chain management (SCM) has a few defintions. It is the process of conceiving, planning, implementing, and managing the operations of the supply chain in an efficient manner. The Supply Chain Management domain covers the movement and storage of raw materials, along with inventory (in-progress), and general finished goods in the track from origin to consumption (and even disposal).
Or…
Supply Chain Management is the integration of supply and demand management both within an organization and across organizations.