Supply Chain Management, or commonly known as SCM, shall be defined as a management for the complete value-added chain, beginning from the supplier, manufacturer, retailer and to the final end-user. It can also be explained as a pack of assets like manpower, components, relationship and more between customers and suppliers. It means that an entire process which take place between delivering an end product from raw materials to finished products as professionally as possible. For any sort of business firm, having a developed and proper supply chain plays a good role for smooth business transaction processes, and SCM further helps to streamline the interaction of all participants along the particular supply chain.
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