Effective supply chain management can have a vast impact on the efficiency and bottom lines of both small and large businesses.
In Fundamental principles of supply chain management, the importance of supply chain management in both a global and local context and all areas of business is discussed. Fundamental principles of supply chain management highlights supply chain management from purchasing, operations and logistics perspectives. It also investigates facilities, inventory, information, transportation and sourcing as the key drivers of supply chain performance. The integrated supply chain is explained in terms of a more strategic coordination for increased market impact, overall efficiency, continuous improvement and heightened competitiveness.
Fundamental principles of supply chain management is a vital asset to understanding supply chain management and making it more efficient in a business.
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