"What is Supply Chain Management ?" so we understood what is Supply chain and lets see what is Management and why is it necessary. Supply chain management ( SCM ), the management of the flow of goods and services , money and information between businesses and locations, and includes the movement and storage of raw materials , of work-in-process inventory , and of finished goods as well as end to end order fulfilment from point of origin to point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain. So just to simplify Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a busine...