International Journal of Science, Engineering and TechnologyAuthors: Anjanappa. T
Abstract: Supply Chain Management (SCM) has emerged as a critical component of organizational strategy, playing a vital role in enhancing competitiveness, improving customer satisfaction, and fostering global trade. It integrates the processes of procurement, production, logistics, and distribution with the aim of optimizing efficiency, reducing costs, and achieving sustainable practices. Over the years, SCM has evolved from a linear chain of material movement to a complex, technology driven, and globally interconnected network. This paper explores the fundamentals of SCM by analyzing its importance, merits and demerits, recent developments, and practical applications across industries. The study further investigates contemporary trends such as artificial intelligence, blockchain, and green supply chains while highlighting limitations such as risk exposure, dependency on global markets, and environmental concerns. A comprehensive discussion synthesizes insights from existing research and current practices to provide a holistic understanding of SCM in today’s dynamic business environment.
