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Supply chain management (SCM) involves overseeing the flow of goods, information, and finances from raw material sourcing to the final consumer. It integrates processes like procurement, production, transportation, inventory management, and distribution to ensure efficiency and cost-effectiveness. Effective SCM enhances customer satisfaction, reduces costs, and improves agility in responding to market changes. Key components include supply chain planning, supplier relationships, logistics, and technology integration, such as IoT and AI, for real-time
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