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Supply Chain Management can be defined as "the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage." (Supply Chain Resource Consortium, 2006). It can also be defined as " the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers." (CIO. COM, 2006)
Therefore we can further define it as the study and control of all the processes associated with manufacturing and distributing a product or service to a customer, to include the analysis and planning of the processes...
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