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Why Is Value and Supply Chain Management Important in Operations

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Why is value and supply chain management important in operations management?


Definitions:

Performance

The execution or accomplishment of work, acts, feats, etc., or the manner in which an individual fulfills their duties and responsibilities.

Ethical Culture

The collective practices, beliefs, and values within an organization that influence how ethical decisions are made.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to an organization's business activities.

Exacting Organizational Culture

A corporate environment that demands high levels of performance and adherence to strict standards and procedures.

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