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Supply Chain Management (SCM): Theory and Evolution
cdn.intechweb.orgSupply Chain Management (SCM): Theory and Evolution 5 within a supply chain. According to Chopra and Meindl (2001), SCM engages the management of flows between and among stages in a supply chain to minimize total cost .
Supply Chain Management (SCM): Theory and Evolution
cdn.intechopen.comHay (1990) states that a profit organization attempts to maximize profits, whereas a ... in the design stage, (Burt and Soukup, 1985). ... Theory and Evolution 7 Most of the recent SCM literature focused on the purchasing function, stating that it was a