Supply chain management is an extension of logistic management. Logistic management deals with inbound and outbound goods, transportation, warehousing, handling of material, fulfillment of orders, inventory management and supply/demand planning. 

Supply chain management also deals with these activities but it is much broader concept than logistic management. Logistic management can be termed as one of its part that is related to planning, implementing, and controlling the movement and storage of goods, services and related information between the point of origin and the point of consumption.

Supply chain management is an integrating function of all the major business activities and business processes within and across organisations. Supply Chain Management is a systems view of the linkages in the chain consisting of different channel partners – suppliers, intermediaries, third-party service providers and customers. Different elements in the chain work together in a collaborative and coordinated manner.

Supply chain management can be a tool of business transformation and involves delivering the right product at the right time to the right place and at the right price.