Supply Chain Management (SCM) Functions are those activities that enable a business to continuously improve its operations and the products it offers. They involve the interconnected activities of sourcing, production, inventory management, warehousing, distribution, customer satisfaction and more. The aim of these functions is to reduce costs, increase speed of delivery, reduce lead times and improve quality as well as service levels. By understanding and actively managing SCM functions, organizations can remain agile and competitive in their respective markets.