Explain Supply Chain Management (SCM)

question 49

Essay

Explain supply chain management (SCM).What are the two business goals that SCM systems are configured to achieve?

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Definitions:

Electronic Grapevine

The informal transmission of information, rumors, or gossip among individuals within an organization through electronic means, such as email or social media.

Social Networks

Platforms and communities where individuals interact, share information, and build relationships through the internet.

Active Listening

The technique of fully concentrating, understanding, responding, and remembering what is being said in a conversation.

Message Source

The originator or sender of a communication message, who initiates the message to be received by an audience.