The Evolution of Supply Chain Management Business Essay
Despite the increased attention paid to supply chain management in recent years, including university courses solely devoted to the topic, it is not a new business discipline. Supply chain management is as old as trade itself. We view the purpose of supply chain operations as getting the right resources and products to the right places at the right times, while yielding the highest possible profits. The evolution of supply chain management practices can be partitioned into four periods: the industrial […]