Notes and references
1 Kransdorf, Arnold, “High Stock Levels – not the Answer to Volatile Demand”, Financial Times, June 4th 1982, p. 16.
2 CSCMPS’ definition of SCM is: “Supply chain management encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers and customers. In essence, supply chain management integrates supply and demand management within and across companies.”
3 Characteristic of the evolution, the American Production and Inventory Control Society, a manufacturing-focused ...