In trade, supply chain management (SCM), management of the flow of goods and services, involves the movement and storage of raw materials, work-in-process inventory and finished products from the point of origin to the Point of consumption. Interconnected or interconnected networks, channels and node businesses are combined in the provision of products and services required by end customers in a supply chain. Supply chain management has been defined as the design, planning, execution, control and monitoring of supply chain activities with the aim of creating net worth, building a competitive infrastructure, leveraging global logistics, synchronizing supply With demand and measure performance globally. "

SCM's practice is based on the areas of industrial engineering, systems engineering, operations management, logistics, procurement, information technology and marketing and strives for an integrated approach. Marketing channels play an important role in supply chain management. The term "supply chain management" came into the public domain when Keith Oliver, consultant to Booz Allen Hamilton (now Strategy &), used it in an interview for the Financial Times in 1982. The term was slow to take over. It gained currency in the mid-1990s, when a flurry of articles and books came out on the subject. One of the first to formally define supply chains as encompassing all the activities associated with the flow and transformation of goods from raw materials to the end user, as well as the associated information flows. Supply chain management was defined as the integration of these activities through improved supply chain relationships to achieve a competitive advantage. In the late nineties, he rose to prominence as a buzzword of management, and operations managers began using it in their titles with increasing regularity.