Supply Chain Management (SCM) is the management of the flow of goods and services.[2] It

includes the movement and storage of raw materials, work-in-process inventory, and finished

goods from point of origin to point of consumption. Interconnected or interlinked networks,

channels and node businesses are involved in the provision of products andservices required by

end customers in a supply chain.[3] Supply chain management has been defined as the "design,

planning, execution, control, and monitoring of supply chain activities with the objective of

creating net value, building a competitive infrastructure, leveraging worldwide logistics,

synchronizing supply with demand and measuring performance globally."[4]

SCM draws heavily from the areas of operations management, logistics, procurement,

and information technology, and strives for an integrated approach.[5]

Contents

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1 Origin of the term and definitions

2 Functions

3 Importance

4 Historical developments

o 4.1 Creation era

o 4.2 Integration era

o 4.3 Globalization era

o 4.4 Specialization era (phase I): outsourced manufacturing and distribution

o 4.5 Specialization era (phase II): supply chain management as a service

o 4.6 Supply chain management 2.0 (SCM 2.0)

5 Business process integration

6 Theories

7 Supply chain centroids

8 Tax efficient supply chain management

9 Sustainability and social responsibility in supply chains

10 Components

o 10.1 Management components

o 10.2 Reverse supply chain

11 Systems and value

12 Global applications

13 Supply Chain Consulting

14 Certification

15 Supply chain management college level education

16 See also

17 References

18 Further reading

19 External links