Supply Chain Management
International Encyclopedia of Social and Behavioral Sciences, 2nd edition, edited by James Wright. Elsevier, March 2015
16 Pages Posted: 6 Apr 2016 Last revised: 30 Nov 2020
Date Written: 2015
Abstract
Supply chain management is a critical aspect of conducting any business. In this article, we provide an overview of the advancements in supply chain management. In the initial section, we present alternative definitions and key issues related to supply chain management followed by a discussion of complexities associated with managing supply chains. Subsequently, we discuss major inefficiencies of poor supply chain management. Finally, a brief summary of research activity to date and a discussion of future challenges related to supply chain management are presented.
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