Essentials of Supply Chain Management
Globalization has led to evolution and escalation of supply chains beyond traditional boundaries. Markets are becoming more and more complex and dynamic. The impact of these factors has made supply chain management increasingly challenging and vital to organizational performance. Supply Chain integrates all activities
associated with the flow and transformation of goods from the raw materials stage (extraction), through to the end user, as well as the associated information flows. Supply chain management is the integration of these activities through improved supply chain relationships, to achieve a sustainable competitive advantage. In
brief, the planning, organizing, and controlling of supply chain activities.