Management
Supply Chain Strategy
Chances are you’ve heard the term supply chain strategy. Used informally, it is
often confused with supply chain management, where supply chain operations are
controlled to reduce costs. There’s some truth to this definition, but supply chain
strategy really is broader; it defines how the supply chain should operate in order
to compete. Supply chain strategy is an iterative process that evaluates the costbenefit
trade-offs of operational components.
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