SCM draws heavily from the areas of operations management, logistics, procurement, and information technology, and strives for an integrated approach.[4]
Commonly accepted definitions of supply chain management include:
The management of upstream and downstream value-added flows of materials, final goods, and related information among suppliers, company, resellers, and final consumers
The systematic, strategic coordination of traditional business functions and tactics across all business functions within a particular company and across businesses within the supply chain, for the purposes of improving the long-term performance of the individual companies and the supply chain as a whole[8]
A customer-focused definition is given by Hines (2004:p76): "Supply chain strategies require a total systems view of the links in the chain that work together efficiently to create customer satisfaction at the end point of delivery to the consumer. As a consequence, costs must be lowered throughout the chain by driving out unnecessary expenses, movements, and handling. The main focus is turned to efficiency and added value, or the end-user's perception of value. Efficiency must be increased, and bottlenecks removed. The measurement of performance focuses on total system efficiency and the