Strategies and Tools for gaining Competitive Advantage
Supply Chain Management refers to the integration of supplier, distributor, and customer logistics requirements into one cohesive process
Supply Chain is a collection of physical entities, such as manufacturing plants, distribution centers, conveyances, retail outlets, people, and information, which are linked together into processes supplying goods or services from source through consumption.
Switching cost refers to the expense a customer or company incurs in lost time and expenditure of resources when changing from one supplier or system to a competing supplier or system.