To What Extent Have the Seven Principles of Supply Chain

question 29

Essay

To what extent have the seven principles of supply chain management remained current? What are some of the major changes that have occurred since they were first developed?

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Definitions:

Percept

The end product of the process of perception, integrating sensory input to form a meaningful internal representation of the external world.

Visual Perception

The brain's process of organizing and interpreting visual information from the environment, enabling us to recognize objects and landscapes.

Haptic

Haptic relates to the sense of touch and the perception and manipulation of objects using the skin and movement, including sensations of texture, temperature, and pain.

Auditory

Relating to the sense of hearing or the sound-processing system of the body.