There are three kinds of flow in supply chain; *Materials *Information *Finance Supply Chain Management (SCM) • SCM is the integrated planning, coordination and control of all business processes and activities in the supply chain to deliver superior consumer value at least cost to the chain as a whole, whilst satisfying requirements of other stakeholders in a supply chain. • Supply chain management (SCM) is the centralized management of the flow of goods and services and includes all processes that transform raw materials into final products. Importance of SCM • Increases competitiveness and customer satisfaction. • Allow firms to quickly deliver product to the end user at a lower cost. Supply Chain Integration • Supply chain integration is a large-scale business strategy that brings as many links of the chain as possible into a closer working relationship with each other. The goal is to improve response time, production time, and reduce costs and waste Types of Supply Chain Management • Horizontal integration