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Supply Chain and Logistics Management Made Easy: Methods and Applications for Planning, Operations, Integration, Control and Improvement, and Network Design by Paul Myerson

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1. Introduction

In the early 1980s, U.S. companies dramatically increased the outsourcing of manufacturing, raw materials, components, and services to foreign countries. Around that time, the term supply chain was coined to recognize the increased importance of a variety of business disciplines that were now much more challenging to manage as a result of the new global economy. Prior to that, functions such as purchasing, transportation, warehousing, and so on were isolated and at fairly low levels in organizations.

Since that time, we’ve seen the creation of the Internet and various business technologies such as enterprise resource planning (ERP) systems, advanced planning systems (APS), and radio frequency ID (RFID), to name a few, which have ...

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