Supply chain management is a set of approaches used to differentiate between suppliers and other value generators of a firm.

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Supply chain management is a set of approaches used to efficiently integrate suppliers, manufacturers, warehouses, and stores so that merchandise is produced and distributed at the right quantities, to the right locations, and at the right time. It focuses on optimizing the flow of goods and services, not differentiating between suppliers and other value generators.

Supply Chain Management Is a Set of Approaches Used to Differentiate