question archive Stock and Boyer (2009 ) defines Supply Chain Management as the managing of a network of relationships within an organization and among interdependent organizations functions consisting of production facilities , suppliers , marketing , purchasing and related systems that facilitate the inbound and outbound flow of finances , materials , information and services from the original producer to the final consumer with the benefits of achieving customer satisfaction maximizing profitability through efficiencies , and adding value
Subject:BusinessPrice: Bought3
Stock and Boyer (2009 ) defines Supply Chain Management as the managing of a network of relationships within an organization and among interdependent organizations functions consisting of production facilities , suppliers , marketing , purchasing and related systems that facilitate the inbound and outbound flow of finances , materials , information and services from the original producer to the final consumer with the benefits of achieving customer satisfaction maximizing profitability through efficiencies , and adding value . Several Supply Chain Management objectives have been pointed to by researchers . Williams (2006 ) stated that its long term objectives include improving effectiveness and efficiency of supply chain partners , increasing customer satisfaction , and improving market share . Cook et al., (2011 ) denotes that there exists a positive relationship between organizational performance and Supply Chain