whats supply chain management

whats supply chain management refers to the management of the flow of goods and services, from raw materials to the final product that reaches the customer. It involves the coordination and optimization of various processes, including procurement, manufacturing, distribution, and logistics, to ensure that products are delivered efficiently and cost-effectively. Supply chain management is crucial for businesses to meet customer demands, reduce costs, and improve product quality. It encompasses strategies for sourcing, production, inventory management, and transportation, and it plays a vital role in maintaining a competitive edge in the market.