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Is logistic a part of supply chain management or supply chain is the part of logistic?

logistics is a part of supply Chain Management


Necessity and objectives of SCM?

Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability


How have recent advances made supply chain information technology systems more effective?

the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive. the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive.


How much money does a supply chain manager make?

how much does a supply chain manager makes


What is the Difference in supply chain and supply chain management?

Supply chain is the set of activities and resources that moves products from suppliers to customers. Supply chain management is the collaboration of firms to leverage strategic positioning and improve operating efficiency bringing value to customers.

Related Questions

What is a WC in a Gurdwara?

A wc (water closet) means a toilet


What is WC for wash room?

WC means 'water closet'


What does supply chaining mean?

Supply chain means, a chain of supply frow raw material to final product or to consumer. For example: Hides -> tanning -> cutting -> manufacturing -> leather bags -> consumer.


What do wc mean on a toilet door?

WC Means Water Closet No Idea Why It Just Is


Is logistic a part of supply chain management or supply chain is the part of logistic?

logistics is a part of supply Chain Management


What is Green supply chain?

Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.


Necessity and objectives of SCM?

Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability


What is 'un WC' in Romanian?

A water closet is an English equivalent of 'un WC'. The indefinite article 'un' means 'a, an, one'. The letters 'WC' stand for 'water closet'.


How does one optimize supply chain visibility?

One can optimize supply chain visibility by using a Sterling Supply Chain Visibility from IBM. This type of supply chain will help to optimize it quite nicely.


What is structured supply chain?

SUPPLY


When was NHS Supply Chain created?

NHS Supply Chain was created in 2006.


How have recent advances made supply chain information technology systems more effective?

the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive. the recent advancements made in the IT systems help the companies to get the visibility in the supply chain and to communicate with supply chain partners instantly in oredr to keep their supply chain very competitive.

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