refers to management of the network of facilities and people that obtain materials from the outside, transform them into products, and distribute the products to customers.

supply chain management

Explaination:

Supply chain management is define as the management of the flow of goods and services and it includes all processes that transform raw materials into final products. It also involves the active streamlining of a business's supply-side activities to gain a competitive advantage in the market.

Supply chains cover all steps from production to product development to the information systems that is needed to direct these undertakings.