SUPPLY CHAIN MANAGEMENT
SCM
- Involves the managment of information flows between and among stages in a supply chain to minimize total supply chain effectivensee and profitability
- Four basic components of supply chain management:
- Supply chain strategy-managing all resources to meet customer demand.
- Supply chain partner-partners throughout the supply chain that deliver finished products,raw materials and services.
- Supply chain operation-schedule for production activities.
- Supply chain logistics-product delivery process.
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