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In commerce, global supply-chain management is defined as the distribution of goods and services throughout a trans-national companies' global network to maximize profit and minimize waste. [1] Essentially, global supply chain -management is the same as supply-chain management, but it focuses on companies and organizations that are trans-national.
The Supply Chain Management Association (SCMA) is the main certifying body for Canada with the designations having global reciprocity. The designation Supply Chain Management Professional (SCMP) is the title of the supply chain leadership designation.
Global supply-chain governance (SCG) is a term that originated around the mid-2000. [ 1 ] It is a governing system of rules, structures and institutions that guide, control, and lead supply chains, through policies and regulations, with the goal of creating greater efficiency. [ 1 ] Governing systems are put into place by different actors, such ...
t. e. Supply and demand stacked in a conceptual chain. A supply chain is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [ 1 ] to end consumers [ 2 ] or end customers. [ 3 ] Meanwhile, supply chain management deals with the flow of goods in distribution channels within ...
Supply chain engineering is the engineering discipline that concerns the planning, design, and operation of supply chains. [1][2] Some of its main areas include logistics, production, and pricing. [2][3] It involves various areas in mathematical modelling such as operations research, machine learning, and optimization, which are usually ...
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. An increasing concern for sustainability is transforming ...
Supply chain security (also "supply-chain security") activities aim to enhance the security of the supply chain or value chain, the transport and logistics systems for the world's cargo and to "facilitate legitimate trade". [1] Their objective is to combine traditional practices of supply-chain management with the security requirements driven ...
Sales and operations planning. Sales and operations planning (S&OP) is an integrated business management process through which the executive/leadership team continually achieves focus, alignment, and synchronization among all organization functions. The S&OP process includes an updated forecast that leads to a sales plan, production plan ...
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