The activities required to manage the flow of materials, information, people, and money from the suppliers’ suppliers to the customers’ customers and the handling of the product after it has finished its useful life. In essence, supply chain management integrates supply and demand management within and across companies.
Synonymous: none
Included terms: sourcing, purchasing, operations, transportation/distribution/logistics
Source: (Edward et al., 2017; Slack et al., 2013; Hill, 2012; APICS Dictionary)