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To effectively respond to the rapid changes in external environment, several firms have been deploying new strategies to improve their competitiveness. Intensive domestic or global competition and the need to improve bottom line has made manufacturing and service organizations consider an integrated approach to manage their supply chain
Supply chain management is a cross-functional approach to managing the movement of raw materials into an organization and the movement of finished goods out of the organization toward the end-consumer. As corporations strive to focus on core competencies and become more flexible, they have reduced their ownership of raw materials sources and distribution channels...
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