The official business definition of SRM Supply Chain is the process of managing the flow of goods and services from the point of origin to the point of consumption. It encompasses the entire process of sourcing, procurement, production, logistics, distribution, and customer service. SRM Supply Chain is a critical component of any successful business, as it helps to ensure that the right products and services are delivered to the right customers at the right time and at the right price. SRM Supply Chain is also responsible for managing the inventory, tracking the movement of goods, and managing the financial aspects of the supply chain. By managing the entire supply chain, businesses can maximize their profits and minimize their costs. SRM Supply Chain is a key factor in the success of any business, as it helps to ensure that the right products and services are delivered to the right customers at the right time and at the right price.