Monday, December 7, 2009
Supply Chain management
Supply Chain management is a system that coordinates and integrates all of the activities performed by supply chain members into a seamless process, from the source to the point of consumption, resulting in enhanced customer and economic value. Nike has made plans to invest 225 million dollars to create a more efficient supply chain. Unfortunately, part of there plans involve a 4 percent reduction in their global workforce of 35,000. Overall, the company will benefit long-term from their restructure of the supply chain. Creating more efficient operations reduces product costs so the consumers will benefit as well.
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