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   How does a supply chain work?

   • A supply chain is made up of interconnected parts of a whole, all of which add up to finished products bought by customers. Take automobiles, for example. Before a consumer buys a car, iron ore is extracted from the earth. The ore is transported to a plant, where it’s turned into steel, which is made into the chassis of the automobile.

   What is supply chain and how does it function? | McKinsey

   www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-supply-chain

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   What is a supply chain management system?

   • Effective supply chain management systems minimize cost, waste and time in the production cycle. The industry standard has become a just-in-time supply chain where retail sales automatically signal replenishment orders to manufacturers. Retailers can then restock shelves almost as quickly as they sell products.

   What Is Supply Chain Management? | IBM

   www.ibm.com/topics/supply-chain-management

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   What is a supply chain?

   • Supply chains were originally defined as encompassing all activities associated with the flow and transformation of goods from raw materials through to the end user or final consumer, as well as the associated information flows. Mentzer et al. consider it worthy of note that the final consumer was included within these early definitions.

   Supply chain management - Wikipedia

   en.wikipedia.org/wiki/Supply_chain_management

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   What is supply chain management (SCM)?

   • SCM is based on the idea that nearly every product that comes to market does so as the result of efforts by multiple organizations that make up a supply chain. Although supply chains have existed for ages, most companies have only recently paid attention to them as a value-add to their operations.

   Supply Chain Management (SCM): How It Works & Why It's Important

   www.investopedia.com/terms/s/scm.asp

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2. www.investopedia.com › terms › sSupply Chain Management (SCM): How It Works & Why It's Important

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   Jan 26, 2024 · Learn what SCM is, how it works, and why it's important for businesses. Explore the five phases of SCM and the different types of supply chain models that companies can adopt.

   • Author: Jason Fernando

   • Video Duration: 2 min

3. en.wikipedia.org › wiki › Supply_chain_managementSupply chain management - Wikipedia

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   Mission. Origin of the term and definitions. Functions. Importance. Supply chain resilience. Historical developments. Business-process integration. Theories. Organization and governance. Supply chain centroids. Tax-efficient supply chain management. Sustainability and social responsibility in supply chains. Circular supply chain management.

4. www.ibm.com › topics › supply-chain-managementWhat Is Supply Chain Management? | IBM

   www.ibm.com › topics › supply-chain-management

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   Learn what supply chain management is, how it works and why it matters for businesses. Explore IBM's supply chain management solution, featuring AI, blockchain, analytics and more.

5. Videos

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     Explained Supply Chain Management in 10 Minutes

     Sep 10, 2022

     84.8K Views

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     6:36

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     Supply Chain Management In 6 Minutes | What Is Supply Chain Management? | Simplilearn

     Dec 15, 2021

     945.4K Views

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     What is Supply chain Management ( SCM )? | What is Supply chain?

     May 25, 2021

     176.8K Views

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6. www.accenture.com › us-en › insightsWhat is Supply Chain Management (SCM)? | Accenture

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   Learn what supply chain management is, how it works and why it matters for businesses and society. Explore Accenture's latest research and insights on supply chain transformation, resilience, sustainability and innovation.

   • Successful supply chain leaders can better anticipate and adjust to shifts and disruptions in the market. They maintain high levels of customer sat...
   • There are two types of supply chains: Reactive and Data-Driven. Reactive supply chains make operational improvements based on guesswork or imitatin...
   • The characteristics of a good supply chain are visibility, cost reduction, growth/value, responsible/sustainable business management, manage enterp...
   • Through 2024, 50% of supply chain organizations will invest in applications that support artificial intelligence and advanced analytics capabilitie...

7. www.mckinsey.com › what-is-supply-chainWhat is supply chain and how does it function? | McKinsey

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   Aug 17, 2022 · Learn the basics of supply chain, the difference between value chain and supply chain, the types and causes of supply chain disruptions, and the strategies for supply chain resilience. This article also covers supply chain risks, inflation, and the role of digital tools in supply chain management.

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8. Top Stories

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     Island

     Demystifying supply chain management

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     Crazy Cyclists on MSN.com

     How Data Analytics Solutions Can Help in Supply Chain Management?

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     marketscale

     Is the Supply Chain Ready for Real-World Asset Tokenization?

     2 days ago

   • Business Wire

     JFrog & GitHub Partner to Integrate Best of Breed Platforms, Unifying Software Supply Chain Management & Security

     “The world of software supply chain management introduces many challenges and points of friction for developers. The integration between JFrog's Software Supply Chain Platform and GitHub's Developer Platform was designed to provide a 'secure by default ...

     2 days ago

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9. www.coursera.org › articles › supply-chain-managementSupply Chain Management: Definition, Jobs, Salary, and More

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   Feb 15, 2024 · Learn what supply chain management is, why it is important, and how it works. Explore jobs in the field, salary expectations, and suggested courses to get started.

10. www.oracle.com › scm › what-is-supply-chain-managementWhat is Supply Chain Management? | Oracle

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    SCM is the management of the flow of goods, data, and finances related to a product or service. Learn how SCM has evolved with technology, customer expectations, and global trade, and how Oracle can help you optimize your SCM system.