Supply chain management is one of the leading business process re-engineering,
cost-saving and revenue enhancement strategies in use today.
Supply
Chain Management (SCM) is the science of optimizing (usually through
software) a company's methods of manufacturing, storing and shipping
the products SCM covers with Manufacturing & distribution. With SCM
we can manage with procurement and movement of goods. It plays a major
role in Production Planning.
The
SCM approach compromises of Supply Chain Planning, Execution, Consulting,
Implementation and Development.