What is supply chain management? Supply chain or production network or SCM can be characterized as the observing of data, funds, and material engaged with a multi-partner process for example from provider to producer to distributer to retailer lastly to the shopper. Inventory network the executives manages the coordination and combination of these streams among organizations to advance cycles and diminish conveyance expenses and time. It includes the investigation of capacity and development of unrefined components, work underway and completed…