As the world economy begins to recover from the COVID-19 pandemic, there is an imbalance between supply and demand. Consider, for instance, the 80 or so cargo ships awaiting offloading at California ports during the holiday shopping season in mid-November 2021, as reported by Bloomberg. An example of this logjam illustrates the significance of effective supply chain management. The supply chain management process involves monitoring the movement of goods and services from raw materials to finished products. The SCM process encompasses a range of business processes, including logistics, purchasing, and IT. This system combines raw materials, money, suppliers, manufacturers, wholesalers, retail stores, and customers into a single operational framework. Keeping…