Thursday, February 9, 2012

Supply Chain - How It Works

A supply chain is a system of organized people, technology, activities, information and resources that are involved in moving a product from the supplier to customer. This is a complex and dynamic supply and demand network that assists in the finished product in order for it to be delivered to the customer. According to the Council of Supply Chain Management Professionals, this management is the planning and management of all activities involved in sourcing, procurement, conversion and logistics management activities.

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