Supply chain management (SCM) is the process of overseeing and optimizing an organization’s resources and activities to ensure that it meets its objectives of providing products or services efficiently, safely, and cost-effectively. The challenge of SCM in procurement is managing the complex network of resources needed to get products from suppliers to customers while keeping costs under control. This includes activities like sourcing, logistics, negotiating contracts, controlling inventory levels and meeting customer needs. With today’s globalized economy, organizations face a myriad of challenges such as increasing competition, ever-evolving customer requirements, supplier uncertainty and higher transparency. To effectively tackle supply chain complexities, organizations must focus on engaging with their partners and leveraging cutting-edge technologies and best practices.