Supply Chain Management is the coordinated management of the flow of goods and services, from the source of raw materials to the end customer, in order to meet customer requirements in a timely and cost-effective manner. It includes the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management, as well as the integration of those activities with other business processes. The goal of Supply Chain Management is to ensure that the right products are available at the right time and place, in the right quantity and quality, at the lowest cost.