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There Are Many Definitions for Supply Chain Management

question 23

Essay

There are many definitions for supply chain management.
a.Define supply chain management in your own words.
b.What is the goal of supply chain management?


Definitions:

Peer-To-Peer

A communications model that is decentralized, where every participant possesses equal capabilities and any participant can start a communication session.

Central

Referring to the primary or most important part, or located at the center.

Corporate

Relating to a large company or group, or pertaining to corporate businesses and their activities, strategies, and structure.

Fiber-Optic Cable

A type of cable made of glass fibers that transmit data at high speeds over long distances using light signals.

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