Why is scm importa - Study guides, Class notes & Summaries

SCMN 2150 Test 1 what is scm - Answer- The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - Answer- suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - Answer- the consumer What does SCM involve? - Answer- all the activities that take place to get a product in your hands - from the time of raw materials extracti...