
3
1
Evolution of Supply Chains
Learning Outcomes
After reading this chapter, you should be able to
• Dene what a supply chain is
• Discuss the importance of supply chain management (SCM)
• Describe the evolution of supply chains
• Discuss how different government policies affect the supply chain
• Identify the current trends that link supply chain participants
• Identify the current developments in SCM
• Discuss the obstacles to supply chain integration
• Identify companies with successful supply chains
Chapter 1 is an introduction to supply chains and why they are important to today’s busi-
nesses. Products have to be moved from the point of origi ...