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Five parts of Supply Chain Management #287115218
Description
5 Parts of SCMThe supply chain manager tries to minimize shortages and keep costs down. The job is not only about logistics and purchasing inventory. According to Salary.com, supply chain managers âoversee and manage overall supply chain and logistic operations to maximize efficiency and minimize the cost of organization's supply chain."1Productivity and efficiency improvements can go straight to the bottom line of a company. Good supply chain management keeps companies out of the headlines and away from expensive recalls and lawsuits. In SCM, the supply chain manager coordinates the logistics of all aspects of the supply chain which consists of the following five parts.