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Supply Chain Management

 

supply chain management (SCM) is the control of assets, data, and finances along the supply chain, from supplier to manufacturer to wholesaler to retailer to customer.

Coordination and integration of these movements both inside and across enterprises are tasks that fall within the purview of supply chain management.

Reducing inventory is regarded as the main objective of every successful supply chain management strategy (with the assumption that products are available when needed).

 

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Uploaded on April 11, 2023