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