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Supply Chain Management is an approach to managing the movement of raw materials into an organization and the movement of finished goods out of the organization toward the end-consumer. The goal is to constantly monitor and improve. Supply chain activities involve the following: 

• Network optimization, including the number, location, and size of warehouses, distribution centres, and facilities. 
• Strategic partnership with suppliers, distributors, and customers, creating communication channels for critical information and operational improvements such as cross docking, direct shipping, and third-party logistics. 
• Product coordination, so that new and existing products can be optimally integrated into the supply chain, load management
• Information Technology infrastructure, to support supply chain operations.
• Alignment of overall organizational goals with best use guidlines for supply
• Sourcing contracts and other purchasing decisions.
• Production decisions, including contracting, locations, scheduling, and planning process definition. 
• Inventory decisions, including quantity, location, and quality of inventory.
• Transportation strategy, including frequency, routes, and contracting.
• Benchmarking of all operations against competitors and implementation of best practices throughout the enterprise.
• Milestone Payments Operational
• Daily production and distribution planning, including all nodes in the supply chain.
• Scheduling for each facility in the supply chain (minute by minute if appropriate).
• Demand planning and forecasting, coordinating the demand forecast of all customers and sharing the forecast with all suppliers.
• Sourcing planning, including current inventory and forecast demand, in collaboration with all suppliers.
• Inbound operations, including transportation from suppliers and receiving inventory.
• Production operations, including consumption of materials and flow of finished goods.
• Outbound operations, including all fulfillment activities and transportation to customers.
• Accounting for all constraints in the supply chain, including all suppliers, manufacturing facilities, distribution centers, and other customers.
• Performance tracking of all activities.