Railroads: Managing the Supply Chain Effectively What is Supply Chain Management? The control of the movement of commodities is what supply chain management (SCM) is all about. Raw materials, work-in-process inventory, and finished commodities are all moved and stored from point of origin to point of consumption. Managing the supply chain is vital to achieving its broad goal. For instance, to produce value, construct a strong infrastructure, utilize global logistics, coordinate supply with demand, and monitor success. The following considerations should also be made: ● SCM is a comprehensive term that refers to the efficient and effective management of all operations, from major suppliers to point of sale. ● SCM requires a senior host who is knowledgeable about the industry to achieve the best results. ● SCM plays a critical function in the organization, since it is responsible for forecasting and supplying end-customer demand back to the supplie