Supply chain management in procurement is the process of overseeing and optimizing the flow of goods from their origin to their destination. It involves managing the transfer and storage of goods, as well as ensuring that optimal levels of inventory are maintained. Proper supply chain management can reduce operational costs, improve customer service, increase efficiency, and maximize profits. To ensure success, it’s important to employ best practices such as cost analysis, vendor selection, contract negotiation, and handoff management. With a keen eye and smart strategies, businesses can transform their supply chain management into a powerful asset.