What are some common characteristics and challenges in effective and efficient supply chain implementation for a company that wishes to achieve a global presence in the marketplace?© BrainMass Inc. brainmass.com October 10, 2019, 5:51 am ad1c9bdddf
Global Supply Chain
In 1998, "the Council of Logistics Management modified its definition of logistics to indicate that logistics is a subset of supply chain management and that the two terms are not synonymous.
Now that this difference has been recognized by the premier logistics professional organization, the challenge is to determine how to successfully implement supply chain management".
This solution discusses common characteristics and challenges seen when companies are aiming to establish a global presence in the marketplace through effective and efficient supply chain implementation.