What do you know about SCM?

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Accepted Answer

SCM stands for Supply Chain Management. It involves the coordination and management of all activities involved in the production and delivery of goods and services.

SCM involves the planning, sourcing, manufacturing, and delivery of products or services.
It aims to optimize the supply chain to reduce costs and improve efficiency.
SCM includes activities such as inventory management, logistics, and procurement.
Examples of SCM software include SAP, Oracle, and JDA Software.
Effective SCM can lead to improved customer satisfaction and increased profitability.