What does scm mean?

"scm" generally refers to "SCM supply chain management", which is an integrated management idea and method, and performs logistics planning and control functions from suppliers to end users in the supply chain.

From the point of view of a single enterprise, it means that enterprises can integrate and optimize the information flow, logistics and capital flow in the supply chain by improving the relationship between upstream and downstream supply chains, so as to obtain the competitive advantage of enterprises.

Supply chain management can bring the following benefits to enterprises:

(1) Improve the accuracy of prediction.

(2) Reduce inventory and improve delivery and supply capacity.

(3) Reduce workflow cycle, improve productivity and reduce supply chain cost.

(4) Reduce the overall procurement cost, shorten the production cycle and speed up the market response.

In a word, with the rapid development of the Internet, more and more enterprises begin to use the network to realize SCM.

Refer to the above content: Baidu Encyclopedia -SCM Supply Chain Management