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Summary PSM Chapter 1

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Samenvatting Strategic Supply Management, ISBN: 1000 Purchasing And Supply Management Chapter 1

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  • Hoofdstuk 1
  • September 9, 2021
  • 1
  • 2020/2021
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Chapter 1 The Supply Challenge




The strategic supply wheel

Summary provided by the book
The main tenet of this book is that supply needs to be thought about as a dynamic strategic process
and not as a bureaucratic business function. Through the efficient use of this process firms can
achieve significant value added. The process of supply coordinates the method of input and supports
transformation through the organisation’s value system. In order to be able to achieve this, each part
of the strategic supply wheel should be understood and also the effect that each element has on
each other within the supply wheel; we refer to this as the integration of the supply wheel.




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