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