This chapter provides a fundamental understanding of Supply Chain Management (SCM), a critical function that orchestrates the flow of goods, services, and information from producers to consumers. Beginning with the foundational concepts, the chapter introduces the reader to the integral components of a supply chain and the key principles of SCM, including some case studies. It further elaborates on the significance of strategic supplier relationships, inventory management, demand forecasting, and customer service in maintaining an efficient and effective supply chain. The chapter also discusses the impact of Covid-19 on supply chain management, and impact of modern technology trends like Artificial Intelligence (AI), Internet of Things (IoT) and blockchain on SCM and how they are revolutionizing traditional supply chain operations. Risk management in supply chains, addressing issues such as disruptions, delays, and quality failures, is explored to provide readers with strategies for mitigating potential supply chain risks.