After defining and explaining supply chain management, its evolution and transforming effects on the design and structure of corporations will be reviewed. Then, specific components within the supply chain will be identified and several metrics to gauge the level of supply chain improvements over time will be examined. Of particular interest here is the impact of new information technologies on supply chain operations now and into the future. Finally, the macroeconomic benefits of improved supply chain operations will be explored.
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Article provided by Federal Reserve Bank of Dallas in its journal In Depth.
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