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Understanding Supply Chain

“Supply chain management can be compared with a well-balanced and well-practiced relay team

 

—Cooper, M. C. and L. M. Ellram1

Chapter Objectives

To understand:

  • Evolution of the supply chain concept
  • Supply, supply chain, and supply chain management
  • Supply chain elements and extended supply chain
  • Supply chain linkages and integration
  • Supply chain decisions
  • Prevailing practices in supply chain management

 

Generic Supply Chain

 

Generic Supply Chain

 

Supply chain management (SCM) is becoming an important concept not only in manufacturing but also in the service industry. In today's dynamic markets, consumer demands are changing ...

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