To explain: The difference between the supply chain and demand management.
Introduction:
The supply chain management is the wide range of actions taken to plan, manage, and execute the flow of product from the acquiring of raw materials to the concluding consumption stage.
Demand management:
It is a methodology followed to plan,
Explanation of Solution
Difference between the supply chain and demand management:
The supply chain management deals with the design and managing of seamless processes across different boundaries to meet the demands of the customer. It is concerned with the supply of products and the rendering of services according to the demands made by the customer.
The demand management is concerned with the managing of demand for the goods and services inside the supply chain. It is contemporary to the supply chain management and it will control the demand levels through important
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Chapter 16 Solutions
Gen Combo Looseleaf Operations Management In Supply Chain; Connect Access Card
- Contemporary MarketingMarketingISBN:9780357033777Author:Louis E. Boone, David L. KurtzPublisher:Cengage Learning