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Supply Chain Management

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David W.
Oct 29, 2021

What Is Supply Chain Management?

1 answer

Oct 29, 2021

Supply chain management is the management of the flow of goods and services and includes all processes that transform raw materials into final products. It involves the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace. Good supply chain management keeps companies out of the headlines and away from expensive recalls and lawsuits.

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