Question

growing personal wealth and corporate profitability made sustainability a valued and viable competitive strategy that influences operations management.

Answer 1

The plan, source, make, and deliver procedures were initially included in the SCOR framework, which eventually included the return and enable phases. This framework was created to assist standardize the vocabulary used to explain supply chain management.

What is Supply chain management?

Supply chain management (SCM) refers to the control of the movement of products and services between establishments in the commercial world. This can involve the transportation and storage of raw materials, inventories for work-in-progress and finished goods, as well as the entire order fulfillment process from the point of origin to the place of consumption. The products and services that end consumers in a supply chain require are provided via networks, channels, and node companies that are interconnected, interrelated, or linked together.

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