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Essay text:
These organizations are referred to collectively as the supply chain.
The second idea is that while supply chains have existed for a long time, few businesses understood, let alone managed, the entire chain of activities that ultimately delivered products to the final customer. The result was disjointed and often ineffective supply chains.
DEFINITION
There as many and varied definitions of supply chain management as are the authors. Broadly defined, supply chain management, is the active management of supply chain activities to maximize customer value and achieve a sustainable competitive advantage...
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Common topics in this essay:
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