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Supply chain management is a cross-functional approach that includes managing the movement of raw materials into an organization, certain aspects of the internal processing of materials into finished goods, and the movement of finished goods out of the organization and toward the end consumer.
A supply chain, sometimes expressed as a "supply-chain", [1] is a complex logistics system that consists of facilities that convert raw materials into finished products and distribute them [2] to end consumers [3] or end customers. [4] Meanwhile, supply chain management deals with the flow of goods within the supply chain in the most efficient ...
Supply-chain risk management is aimed at managing risks in complex and dynamic supply and demand networks. (cf. Wieland/Wallenburg, 2011) Supply chain risk management (SCRM) is "the implementation of strategies to manage both everyday and exceptional risks along the supply chain based on continuous risk assessment with the objective of reducing vulnerability and ensuring continuity".
Logistician jobs are expected to grow by 28%, while supply chain operations and supply chain management jobs are estimated to grow by 11% over the next eight years.
The Certified Professional in Supply Management (CPSM) is a globally recognized professional credential offered by the Institute for Supply Management (ISM) [1] Being certified as a CPSM indicates the holder has achieved mastery of supply management’s core competencies. [2] [3] The certification program’s emphasis on strategic supply chain ...
Management accounting in supply chains (or supply chain controlling, SCC) is part of the supply chain management concept. This necessitates planning, monitoring, management and information about logistics and manufacturing processes throughout the value chain. The goal of management accounting in supply chains is to optimise these processes.
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