Supply chain management (SCM) is the process of overseeing the flow of goods, information, and finances as they move from suppliers to manufacturers to consumers. It involves coordinating various activities, such as sourcing raw materials, production, transportation, and distribution, to ensure that products are delivered efficiently and cost-effectively. Effective SCM aims to optimize operations, reduce costs, and improve customer satisfaction. By managing relationships with suppliers, distributors, and retailers, businesses can respond quickly to market demands and minimize delays, ultimately enhancing their competitiveness in the marketplace.