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The real meaning of supply chain management

from SupplyChainBrain

It's not just about logistics and purchasing. The supply chain consists of a broad network of partners who interact at every level of their organizations, says Douglas Lambert, director of the Global Supply Chain Forum at Ohio State University. It's more than just a question of semantics. The failure to give the term "supply chain" a broad enough definition can cause a company to adopt a short-sighted approach to its operations. more

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