Supply Chain Requirements

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Description

Supply Chain Requirements

Supply Chain Requirements

ANSWER


Logistics and supply chain management is an area that has generated interest of academicians and practitioners over the last 20 years. This is because it has led to a reduction in operating costs, improved levels of customer satisfaction and improved performance in delivery. These aspects make a company more competitive with regards to quality, cost, flexibility and delivery. Moreover, the importance of logistics and service chain management is increasing as a result of increased globalization, with more companies manufacturing, sourcing, and involving themselves in large scale distribution, thus complicating the chains of supply.