Supply chain management

 “please explain your current understanding about the field of supply chain and operations management.”

Please provide the following structure for this final discussion:

• Outline the importance of SCM（Supply chain management ） and OM（Operations management） within product and service industries
• Offer examples from any of the materials covered
• Provide academic reasoning for the critical need of supply chain management within the business environment.

Please ensure to provide a descriptive summary consisting of a minimum of 350 words. it has 20 hours to finish it.