SCM meaning in Banking ?

Answer:

What is Supply Chain Management mean?

In commerce, supply chain management (SCM), the management of the flow of goods and services, between businesses and locations, and includes the movement and storage of raw materials, of work-in-process inventory, and of finished goods as well as end to end order fulfillment from point of origin to point of consumption. Interconnected, interrelated or interlinked networks, channels and node businesses combine in the provision of products and services required by end customers in a supply chain.

Supply-chain management has been defined as the "design, planning, execution, control, and monitoring of supply-chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronizing supply with demand and measuring performance globally".SCM practice draws heavily on industrial engineering, systems engineering, operations management, logistics, procurement, information technology and marketing, and strives for an integrated approach. Marketing channels play an important role in supply-chain management. Current research in supply-chain management is concerned with topics related to sustainability and risk management, among others. An important concept discussed in SCM is supply chain resilience. Some suggest that the “people dimension” of SCM, ethical issues, internal integration, transparency/visibility, and human capital/talent management are topics that have, so far, been underrepresented on the research agenda. Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product's flow from materials to production to distribution in the most economical way possible. SCM encompasses the integrated planning and execution of processes required to optimize the flow of materials, information and capital in functions that broadly include demand planning, sourcing, production, inventory management and logistics -- or storage and transportation.

Although it has the same goals as supply chain engineering, supply chain management is focused on a more traditional management and business based approach, whereas supply chain engineering is focused on a mathematical model based one.

reference

Full Form	Category
Société Canadienne des Microbiologistes	Academic & Science
Canadian Society of Microbiologists	Academic & Science
Sociedad Colombiana de Matemáticas	Academic & Science
Colombian Society of Mathematics	Academic & Science
Single Column Model	Academic & Science
Student Christian Movement	Academic & Science
Scammon Bay (ak)	Airport Code
Supply Chain Management	Banking
Software Control Management	Business
Safe Crisis Management	Business
Supply Continuity Management	Business
System Capital Management	Business
Screwshaft Condition Monitoring	Business
Stellus Capital Management	Business
SwissCom	Business
Smith Corona Machines	Business
Supplier Chain Management	Business
Special Cut Machine	Business
Siam Capital Management	Business
Strong City Music	Business
Single Circuit Management	Business Management
Source Control Management	Business Management
Sweet Child ÓMine	Community
Studio Control Monitor	Community
Shalom Center Ministry	Community
Street Corner Music	Community
Single-Carrier Modulation	Computer and Networking
Station Class Mark	Computer and Networking
Sub-Carrier Multiplexing	Computer and Networking
Security Configuration Manager	Computing
Subscriber Carrier Module	Computing
Screen Camera	Computing
Screencam Format	Computing
Subcontract Manager	Computing
Secure Content Manager	Computing
Session Connector Manager	Computing
Secondary Scale Multiplier	Computing
Smart Card Manager	Computing
Scheme File	Computing
Software Change Management	Computing
Service Connection Manager	Computing
Service Continuity Manager	Computing
Storage Class Memory	Computing
Spatial Channel Model	Computing
Skinned Character Model	Computing
Support Case Manager	Computing
Source Configuration Management	Computing
Super Crypto Mining	Computing
Single Chip Module	Electronics
Scanning Capacitance Microscopy	Electronics
Lotus Screencam Movie	File Type
Scheme Language Source Code File	File Type
Security Compliance Manager	General
Source Code Manager	General
Sociedad Colombiana de Matemáticas	General
Saab Car Museum	General
Saab Cars Magazine	General
South Coast Minis	General
Source Control Manager	General
Stichting Certificering Motorvoertuigen	General
Simone Conti Motorcycles	General
Service and Configuration Manager	General
Space Combat Maneuvers	General
Supplementary Cementitious Materials	General
Skanska-Corman-McLean	General
Senshi Card Mania	General
Smallest Common Multiple	General
Short Course Meters	General
Single Columns Model	General
The Scotia Capital Markets	General
Senior Coordinating Mentor	General
Sospensioni a Controllo Magnetoreologico	General
Secondary Collision Mitigation	General
Seat Control Module	General
Steering Column Module	General
Sports Car Magazine	General
Super Charger Module	General
Sports Car Market	General
Sports and Classics of Monterey	General
Super Chevy Magazine	General
Stirling Craufurd Moss	General
Steering Control Module	General
Societe Commerciale de Moteurs	General
Suspension Control Module	General
Stanguellini Car Museum	General
Southward Car Museum	General
Sport Club Maggiora	General
Street Cleaning Machine	General
Scenic City Minis	General
Slow Car Model	General
Swift Club Malaysia	General
Subaru Club Malaysia	General
Special Council Meeting	Governmental
Shipping Container Marking	Governmental
SIMHACHALAM	Indian Railway Station
Software Configuration Management	Information Technology
Source Code Management	Information Technology
Stickey Cyber Molecules	Internet
Service Control Manager	Jobs
Standard Cubic Meter	Measurement Unit
Square Centimeter	Measurement Unit
Secretory Cell Metaplasia	Medical
Specialist in Community Medicine	Medical
Spleen Conditioned Medium	Medical
Spondylotic Cervical Myelopathy	Medical
Squamous Cell Metaplasia	Medical
steatocystoma multiplex	Medical
sternocleidomastoid	Medical
subcutaneous mastectomy	Medical
Supportive Care Manager	Medical
Solid Color Mare	Medical
SternoCleidomastoid-Muscle	Medical
Security Countermeasure	Military and Defence
Service Container Manager	Military and Defence
Summary Court Martial	Military and Defence
Secure Console Management	Networking
Surface Complexation Model	Physics Related
Strouds Creek and Muddlety Railroad	Regional
Scammon Bay, Alaska USA	Regional
Site Recovery Manager	Softwares
Simulated Cache Manager	Softwares
Software Cost Model	Space Science
Site Configuration Message	Space Science
Subsystem Configuration Management	Space Science
Subsystem Configuration Monitoring	Space Science
System Control Module	Space Science
Service Class Mark	Telecommunication