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Supply Chain Management (SCM) is the coordination of sourcing, logistics, and processes to move a product from suppliers to consumers. Major Components: Procurement, manufacturing, transportation, warehousing, and customer service. Successful Companies like Amazon, Tesla, and Coca-Cola use different strategies to optimize efficiency. Technology in SCM: AI, blockchain, automation, and drones are shaping the future of supply chains Global Challenges: Inflation, sustainability concerns, and logistics disruptions affect SCM strategies.