Define a supply chain and identify each of its components

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Reference no: EM131230292

How do supply chain management systems coordinate planning, production, and logistics with suppliers?

• Define a supply chain and identify each of its components.

• Explain how supply chain management systems help reduce the bullwhip effect and how they provide value for a business.

• Define and compare supply chain planning systems and supply chain execution systems.

• Describe the challenges of global supply chains and how Internet technology can help companies manage them better.

• Distinguish between a push-based and a pull-based model of supply chain management and explain how contemporary supply chain management systems facilitate a pull-based model.

Reference no: EM131230292

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