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  2. Supply chain management (SCM) is the centralized management of the flow of goods and services and includes all processes that transform raw materials into final products. By managing the supply chain, companies can cut excess costs and deliver products to the consumer faster and more efficiently.
    www.investopedia.com/terms/s/scm.asp
    Supply chain management is the management of the flow of goods and services as they move from the starting point of procurement (or, raw materials) all the way to finished products in the hands of your end customer. Every single product or service moves through a supply chain—some are relatively; others, far more complex.
    quickbooks.intuit.com/r/operations-technology/wha…
    The standard definition of supply chain management is the acquisition, production, and delivery of products to consumers. Three simple things that involve many complex processes and protocols, including the following: Vendor Qualification and Selection Raw Materials Testing Transportation Oversight Shipping Regulations and Documentation
    houston.ascm.org/blog/what-is-operations-and-sup…
    The term “Operations and Supply Chain Management” (OSCM) refers to the management of an organization’s supply chain & operations. It involves various tasks including sourcing, materials management, operations planning, distribution, logistics, retail, demand forecasting, order fulfillment, and more.
    www.magestore.com/blog/operations-and-supply-c…
    Operations management in the supply chain deals with producing and distributing goods and services. It includes the planning, scheduling, and controlling of all activities involved in the production process. The main objective of operations management is to ensure that goods and services are produced efficiently and effectively.
    www.edureka.co/blog/operations-management-in-s…
     
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