Essentials of Supply Chain Management

Description

All around us the networking and inter-networking of our economy is taking place. Companies that do business together are linking up electronically.They are doing this to better coordinate their actions and drive costs out of their business operations. Business in this emerging networked world is as much about process as it is about product. This is because market forces, driven by the speed of communications that electronic networks now make possible, are making product life cycles shorter and shorter. Customer tastes and requirements change quickly. Product inventories are always in danger of becoming obsolete.








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