what is the supply chain management

what is the supply chain management refers to the coordination and management of all activities involved in the production, handling, and delivery of goods from the supplier to the customer. Supply chain management (SCM) includes the planning, sourcing, production, transportation, and distribution of products to ensure that goods are delivered to consumers in a timely and efficient manner. Effective SCM reduces costs, improves product quality, and increases customer satisfaction. Businesses rely on supply chain management to streamline their operations, manage inventory levels, and respond quickly to market demand. Key elements of SCM include procurement, manufacturing, warehousing, logistics, and customer service. Advanced technologies such as data analytics, cloud computing, and automation are increasingly used to optimize supply chain processes and improve overall efficiency.