Supply chain management

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Supply chain management (SCM) is procuring the right inputs (raw materials, components, and capital equipment), converting them efficiently into finished products, and dispatching them to the final destinations

Definition

According to Marketing Management by Keller and Kotler (15th edition),

Supply chain management (SCM). Procuring the right inputs (raw materials, components, and capital equipment), converting them efficiently into finished products, and dispatching them to the final destinations

According to the HRBoK Guide,

Supply chain management (SCM). The steps taken from initial planning through customer support. Process of planning, implementing, and controlling operations, which begins with acquiring raw materials and continues to customer delivery and support.