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Distinguishing b/t Supply Chain, Purchase & Logistic Mngmnt

How do we distinguish between supply chain management, purchasing, and logistics management?

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Supply chain management includes purchasing and procurement, as well as inventory and production planning. It also includes the coordination of suppliers, service providers, and customers, linking purchasing and distribution to the final consumer. It is all encompassing, including both purchasing and logistics. Supply Chain Management makes sure ...

Solution Summary

This solution discusses how to distinguish between supply chain management, purchasing, and logistics management. APA references are included.

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