Supply Chain Management

Supply chain management (SCM) is the management of the flow of goods. It includes the movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption.It is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance." SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.

Increase the amount of information at the same time reducing inventory costs and operating processes.Transparency in information and reduce obstacles that may exist.Develop a comprehensive concept of operations improving the continuity of materials management, information and cash flow.Reduce the complexity of the work as possible.Benefits of cost, time and quality.