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What is Understanding Supply Chain Management about?

A supply chain is a network of facilities and distribution options that procures materials, transforms them into products, and distributes finished products to customers. It exists in both manufacturing and service organizations, though complexity varies by industry. A supply chain involves suppliers, manufacturers, distributors, and customers. The goal is to deliver products at lowest cost while meeting customer expectations. Global supply chains face additional challenges like flexibility, agility, and op

Author

sushmita

Language

EN