what is supply management system
Supply chain management (SCM) is the oversight of materials, information, and finances as they move in a process from supplier to manufacturer to wholesaler to retailer to consumer. Supply chain management involves coordinating and integrating these flows both within and among companies.ee complete definition. vendor-managed inventory (VMI). Vendor-managed inventory (VMI) is an inventory management technique in which a supplier of goods, usually the manufacturer, is ... See complete definition. warehouse management system (WMS).