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[2] [3] A more narrow definition of supply chain management is the "design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging worldwide logistics, synchronising supply with demand and measuring performance globally".
Change management (CM) is a discipline that focuses on managing changes within an organization. Change management involves implementing approaches to prepare and ...
Supply chain resilience is "the capacity of a supply chain to persist, adapt, or transform in the face of change". [42] For a long time, the interpretation of resilience in the sense of engineering resilience (or robustness) [ 43 ] prevailed in supply chain management, leading to the notion of persistence . [ 42 ]
The Supply Chain Council (SCC) merged into APICS on 5 August 2014. [7] APICS also merged with the American Society of Transportation and Logistics (AST&L) in 2015. The organization renamed itself the Association for Supply Chain Management (ASCM) in 2018 but retains APICS as a brand within the organization. [4]
Supply chain shortages first began back in the first quarter of 2020 — at the beginning of the pandemic. Factories all over the world were forced to slash or halt production due to the spread of ...
Supply-chain sustainability is the management of environmental, social and economic impacts and the encouragement of good governance practices, throughout the lifecycles of goods and services. [1] There is a growing need for integrating sustainable choices into supply-chain management .
Although supply chain engineering and supply chain management have the same goals, the former is focused on a mathematical model-based approach, whereas the latter is focused on a more traditional management and business-based one. [1]
Supply-chain-management software (SCMS) is the software tools or modules used in executing supply chain transactions, managing supplier relationships and controlling associated business processes. Supply chain management maximizes the efficiency of business activities that include planning and management of the entire supply chain.