Objectives Of Supply Chain Management
We deﬁne it as follows:
Supply chain management is a set of approaches utilized to efﬁciently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right
quantities, to the right locations, and at the right time, in order to minimize systemwide costs
while satisfying service level requirements.
This deﬁnition leads to several observations. First, supply chain management takes
into consideration every facility that has an impact…