Supply Chain Management is the process of planning and maintaining the movement of materials and products among a number of companies to supply goods and services to final consumers. Suppose you want to buy a new car because your current model has worn out. You require a four-cylinder sedan with a mechanical gearbox, four doors, and air conditioning. This car needs 8,000 parts from 300 suppliers from different regions all over the globe. Consider the basic supply chain for a GM car which includes an ignition module manufactured by a firm called Bosch from metal tools supplied by Kawasaki Steel and assembled into the completed car by G M, which keeps a stock of finished cars. You intended to buy the finished car from a dealership in Melbourne, Australia.
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