Disposing of or recycling old products is the final stage (or level) inside supply chains that manage the production, marketing and delivery of tangible products.
What is Supply Chain Management?
- A supply chain is a group of people and businesses responsible for producing a product and getting it to the consumer. The raw material producers are the first links in the chain, and the last is the van that delivers the finished product to the customer.
- The importance of supply chain management may be seen in the reduced costs and improved productivity that come from an optimized supply network. Companies work to enhance their supply chains in order to lower costs and maintain competitiveness.
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