What do you understand by Supply Chain Management?

Supply Chain Management (SCM) in the context of power distribution refers to the efficient management of the flow of electricity, materials, information, and financial resources from power generation to the end consumer. It involves coordinating and optimizing various activities, including procurement of raw materials, generation, transmission, distribution, and retail supply, to ensure the reliable and cost-effective delivery of electricity.  

SCM in power distribution aims to minimize losses, improve service quality, and enhance customer satisfaction by ensuring the smooth and uninterrupted supply of electricity. It integrates various stakeholders, including power generation companies, transmission utilities, distribution companies, regulators, and consumers, into a seamless network to manage supply and demand ________ _________ _______ ___ ______ _____ _______.
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