Select the term supply chain management with its most important activities. Chapter 1: Select the term supply chain management with its most important activities. A way of identifying short-term trends quickly so companies can better forecast what, when, and where consumers want goods. A set of activities that range from determining or estimating the demand from customers through converting specific customer orders into promised delivery dates to help balance demand with supply. Managing supply and demand, sourcing raw materials and parts, manufacturing and assembly, warehousing and inventory tracking, order entry and order management, distribution across all channels, and delivery to the customer. Procurement, Production, and Profit