Supply-chain management (SCM)

27.07.2013 19:12

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Supply-chain management (SCM)

1) (1) Logistics industry term for management of the supply chain. (2) Organization of the overall business processes to enable the profitable transformation of raw materials or products into finished goods and their timely distribution to meet customer demand. (Source: ILT Supply-Chain Inventory Management SIG)

Source: David Lowe. The Dictionary of Transport and Logistics. Kogan Page, 2002. – P.236 (288 p.)


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