Supply Chain Management
There are several definitions of this term, as there also are several definitions of the term “supply chain.” In 2014, two important professional organizations in the field, APICS (the Association for Operations Management, founded 1957; see also www.apics.org) and the Supply Chain Council (SCC, founded 1996; see also www.supply-chain.org), merged. Together, they represent a (if not the) leading professional association for supply chain and operations management. Therefore, it seems adequate to refer to APICS and SCC definitions.
According to APICS, a supply chain is “the global network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical goods, and cash” (Blackstone 2013). Thus, a supply chain can include procurement networks, production networks, distribution networks, logistics networks, and service networks.
According to APICS, supply chain management...
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