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</center><p>The note examines the fundamentals of supply chain management and provides a framework for choosing the  Purchasing and Supply Chain Management. Upon completion of this chapter, the reader should be able toIdentify the role of the  Introduction to Supply Chain Management Abstract This chapter guides you through the basics of supply chain management. First, it introduces you to a supply chain with  Fundamentals of Supply Chain ManagementIntroductionIntroduction Why Supply Chain Management A supply chain is basically a group of independent  Supply Chain Management for a Demand-Driven World Supply chain has become the battleground for customer loyalty as companies respond to fast-changing demands and Supply chain management is a set of approaches utilized to efficiently integrate suppliers, manu-facturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time, in order to minimize systemwide costs while satisfying service level requirements Explain how globalization has afected the management of supply chainsDefine global supply chain management by the goals it intends to achieveExplain the structure of global supply chains citing examples of companies that have global supply chains This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Cloud-based SCM, by managing the “Supply Chain Management deals with the management of materials, information, and financial flows in a network consisting of suppliers, manufacturers, distributors, and customers.“ Library of Congress Cataloging-in-Publication Data Waters, C. D. J. (C. Donald J.), – Logistics: an introduction to supply chain management Donald Waters you can plan, implement, and respond to supply chain events in real timeOrchestration: Supply chain isions that drive coordinated changes across every system, every transaction, and every relevant trading partnerResponsiveness: Sequential and batch planning is a recipe for waiting—and for waste. LEARNING OBJECTIVES. This note provides an introduction to supply chain management.</p></translate>
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