What is the vertical integration of supply chain management?

Answer A vertically integrated company owns or controls its suppliers or buyers. This allows control of the supply chain but may make the business less flexible than less-integrated competitors.Descriptio... Read More »

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What is supply chain management in SAP?

SAP is a software vendor that sells enterprise resource planning, PLM and financial management software. SAP supply chain management (SCM) is a procurement and inventory module within with SAP's ER... Read More »

What Is Supply Chain Risk Management?

Supply chain risk management is looking for events or issues which could cause the supply chain any disruptions and coming up with a plan to minimize and mitigate any loss due to these disruptions.

What is a supply chain management system?

Supply chain management (SCM) is a business process that strives to maximize efficiency when products, information and finances flow among and within different businesses. The flow involves entitie... Read More »

What Is Supply Chain Management Software?

Supply chain management software helps businesses keep track of all resources needed to create a product. The software manages the planning of the process, including supplier information, costs and... Read More »