“Supply chains are everywhere. From the biggest company in the world to running your household. We all have supply chain experience even if we don’t know it.” W hat is Supply Chain? A Supply Chain is a connected network of individuals, organizations, resources activities and technologies involved in the manufacturing and sale of a product or service. A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer. Companies develop supply chains so they can reduce their costs and remain competitive in the business landscape. What is Supply Chain Management or SCM? Supply Chain Management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply side activities to maximize customer value and gain a competitive advantage in the marketplace. ...