• B Archana
• Rajeshwari Pittala

Abstract: Supply Chain Management (SCM) and Logistics are fundamental components of contemporary business operations, playing a crucial role in the efficient movement and storage of goods, services, and information from origin to consumption. This abstract delves into the core aspects and recent advancements in SCM and logistics, highlighting their importance in maintaining competitive advantage and operational efficiency across various industries. SCM encompasses the planning and management of all activities involved in sourcing, procurement, conversion, and logistics management. It also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. Effective SCM aims to create value, build a competitive infrastructure, leverage worldwide logistics, synchronize supply with demand, and measure performance globally. Logistics, a subset of SCM, focuses specifically on the transportation, warehousing, and storage of goods. It ensures that products are delivered to the right place, at the right time, in the right condition, and at the right cost. Modern logistics practices integrate advanced technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), Machine Learning (ML), and Blockchain to enhance visibility, traceability, and efficiency

Supply Chain Management (SCM), Logistics, Business operations, Goods movement, Storage of goods, Intermediaries, Value creation, Demand synchronization, Internet of Things (IoT), Machine Learning (ML)

"Survey on Emerging Trends in Supply Chain Management and Logistics for Retail Applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 7, page no.f452-f457, July-2024, Available :http://www.jetir.org/papers/JETIR2407561.pdf

"Survey on Emerging Trends in Supply Chain Management and Logistics for Retail Applications", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 7, page no. ppf452-f457, July-2024, Available at : http://www.jetir.org/papers/JETIR2407561.pdf