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Discuss the view that Supply Chain Management and Logistics are synonymous.
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Discuss the view that Supply Chain Management and Logistics are synonymous. There are many different and varied definitions for both Supply Chain Management (SCM) and Logistics. Each definition depends greatly upon the perspective of the individual who is using the term. Only by identifying the parameters in which these expressions are used can it be determined whether the two are synonymous or not. This essay aims to describe the range of definitions for both subjects and then ascertain to what extent they are equivalent. The term Supply Chain is relatively new and has been used to describe a range of horizontally organised systems. There are three meanings that dominate discussions according to Quayle: [the supply chain from the perspective of an individual firm; a supply chain related to a particular product or item; and 'supply chain' used as a handy synonym for purchasing, distribution and materials management] (Quayle M, Jones B. 1999....
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