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Introduction: The Real Competition Will Be Between Supply Chains in the Future

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The Quintessence of Supply Chain Management

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Abstract

In order to improve the market position of a business, factors that spring to mind are e.g. the price and quality of its products. However, a major factor for market success is the way in which a business plans, procures, manufactures, stores and sells its products. In today’s business environment transparency, efficiency and speed are key success factors. The efficient management of processes and workflows is meant to allow businesses to gain advantages across all functional areas: from unleashing potentials in procurement for profit improvement and reduction and outsourcing of inventories, to winning over the customer by means of better delivery service.

The cutting-edge businesses seek to make the supply chain competitive as a whole by means of the value it adds and the overall costs that it reduces. They have realised that the real competition is not business against business, but rather supply chain against supply chain.

(cp. Christopher 2005, pp. 13)

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Poluha, R.G. (2016). Introduction: The Real Competition Will Be Between Supply Chains in the Future. In: The Quintessence of Supply Chain Management. Quintessence Series. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-48515-6_1

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