International Science Community Association Research Journal of Recent Sciences 2277 - 2502 1 5 2012 May 2 Strategic Supply Chain Management: Perception versus Reality - A Review 83 86 EN Bhattacharya Anjanabha 1 Plant and Crop Sciences Division, School of Biosciences, University of Nottingham, Sutton Bonington Campus, Loughborough LE12 5RD, UK 2BBIO, Jai Research Foundation, Vapi, Gujarat, INDIA Power JohnB. 2 DaveyMicheal R. 3 Kanife U.C. 1 Department of Biological Sciences, Yaba College of Technology P.M.B 2011, Yaba Lagos, NIGERIA Odesanmi O.S. 2 Department of Biochemistry, College of Medicine University of Lagos, NIGERIA Adekunle A.A. 3 Department of Botany, University of Lagos, NIGERIA Doherty V.F. 4 Department of Biological Sciences, Yaba College of Technology P.M.B 2011, Yaba Lagos, NIGERIA Bobade S.N. 1 Indian Biodiesel Corporation, Baramati Tal- Baramati, Dist- Pune, INDIA Khyade V.B. 2 Shardabai Pawar Mahila College, Shardanagar Tal – Baramati, Dist. Pune, INDIA Okoli L.U. 1 Department of Physics, Federal College of Education, Technical, Umunze, NIGERIA Ozuomba J.O. 2 Department of Physics and Industrial Physics, Madonna University, Elele, NIGERIA Ekpunobi A.J. 3 Department of Physics and Industrial Physics, Nnamdi Azikiwe University, Awka, NIGERIA Ekwo P.I. 4 Islam M.A. 1 Graduate Training Institute, Bangladesh Agricultural University, BANGLADESH Begum S. 2 Department of Crop Botany, Faculty of Agriculture, Bangladesh Agricultural University, BANGLADESH Nakaba S. 3 Faculty of Agriculture, Tokyo University of Agriculture and Technology, JAPAN Funada R. 4 HiremathDeepa B. 1 Department of Agricultural Economics, Junagadh Agricultural University, Junagadh, INDIA Shiyani R.L. 2 Isitua C.C. 1 Department of Microbiology, Faculty of Life Sciences, University of Benin, P.M.B. 1154, Benin City, Edo State, NIGERIA Igbinidu O.F. 2 Imariabe O.J. 3 Mehdi Safdari 1 Department of Economics, University of Qom, IRAN RamzanGholami Avati 2 Department of Management, Payame Noor University, Ghaemshahr, IRAN S. Ariponnammal 1 Department of Physics, Gandhigram Rural Institute, Gandhigram, Dindigul District Tamil Nadu, INDIA Kadam S.S. 1 N.B. Mehta Science college, Bordi, Tal., Dahanu, Dist., Thane, MS, INDIA Tiwari L.R. 2 Maharshi Dayanand College Parel, Mumbai MS, INDIA Motegaonkar ManoramaB. 1 Azad college Ausa, MS, INDIA 2Rajarshi Shahu College Latur, MS, INDIA SalunkeShridar D. 2 Sabahelkhier M.K. 1 Department of Biochemistry and Molecular Biology, Faculty of Science and Technology, Al-Neelain University, Khartoum, SUDAN Faten M.M. 2 Omer F.I. 3 Das MrinalKumar 1 Department of Physics, Tezpur University, Napaam, Tezpur-784028, Assam, INDIA Sarma JayantaKumar 2 Rao. SathishU 1 Department of Mechanical and Manufacturing Engineering, Manipal Institute of Technology, Manipal, INDIA RodriguesL.L. Raj 2 Dev Nikhil 1 YMCA University of Science and Technology, Faridabad, Haryana, INDIA Attri Rajesh 2 Gateway Institute of Engineering and Technology, Sonipat, Haryana, INDIA Mittal Vijay 3 University Institute of Engineering and Technology, M.D.UniversityRohtak, Haryana, INDIA Kumar Sandeep 4 Mohit 5 Satyapal 6 Kumar Pardeep 7 > Review Paper 2012 2 11 2012 May 2 Supply Chain Management (SCM) has witnessed a sea of change from simply being functional SCM to technological SCM to strategic SCM. Strategic Supply Chain Management or SSCM, as we call it today, is now considered an integral part of business strategy. The reason being, it enhances the capability of firm to develop and maintain competitive advantages in competitive environment. But the change from functional SCM to strategic SCM has not been seamless. Various gaps have been reportedin the transition process from SCM to SSCM in the literature. In the process of fulfilling the gaps, the firm tries to shift to a better process thereby attaching with it some unattended risk. In the process of mitigating such risks, one tends to develop certain perceptions which may not be correct in true sense. Such perceptions, if not identified and corrected on time may have serious implications towards the firm progress in the long run. This paper tries to identify such perceptions and also the reality pertaining to such perceptions. Copyright@ International Science Community Association