Supply Chain Management (SCM) is the process of overseeing the flow of goods and services from producers to consumers. It involves coordinating and integrating all activities related to sourcing, procurement, conversion, and logistics management from point of origin to point of consumption. SCM ensures that all materials, services, and products are timely and cost-effectively sourced, manufactured, and delivered in the right quantity and quality for optimal customer satisfaction. By streamlining the entire supply chain process, SCM helps businesses increase efficiency and profitability.