What’s Supply Chain Management
Oracle supply chain training Supply chain management (SCM) is the process of planning, organizing, coordinating, and controlling the production, procurement, maintenance, and distribution of the goods or services involved in a business supply chain. Supply Chain Management integrates logistics, financial and materials management along with forecasting and warehousing activities. Supply chain management is more than just logistics. It also encompasses software for tracking and managing information about product creation, order fulfillment, and customer service―including the companies that provide these services. Supply chain management (SCM) encompasses the activities that third-party companies, such as manufacturers and retailers, take in order to remain competitive. SCM includes procurement, product lifecycle management, supply chain planning including inventory planning and maintenance of enterprise assets and production lines, logistics including transportation and fleet management,...