Chapter 24


Supply Chain Models


24.1 Introduction

Supply-chain management integrates supply and demand management within and across companies. It encompasses the planning and management of all sourcing and procurement, conversion activities, as well as logistics management activities. It also includes coordination and collaboration with suppliers, intermediaries, third-party service providers, and customers.

Logistics management is that part of supply-chain management that plans, implements, and controls the efficient flow and storage of goods, ...

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