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Preferred term

supply chain management  

Definition

  • Supply chain management (SCM) is a term applied to a management philosophy and to the practices involved in implementing a SCM philosophy, although it can also be used to describe management processes that are not necessarily rooted in a guiding philosophy. SCM, which gained prominence as outsourcing become prevalent in the 1990s, brings together and extends the concerns of total quality management (TQM) and just-in-time (J-I-T) management techniques that preceded it. [Source: Green Business: An A-to-Z Guide; Supply Chain Management]

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URI

https://concepts.sagepub.com/social-science/concept/supply_chain_management

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