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Differentiate between the concept of logistics management and supply chain management, including the relationship of each to the concept of the value-added chain. ?Describe the differences between physically efficient and market responsive supply chains. ?Provide a product example appropriate for a physically efficient supply chain and explain why that type of supply chain is better suited to the product. ?Provide a product example appropriate for a market responsive supply chain and explain why that type of supply chain is better suited to the product. ?Define each of the three properties of a Triple-A supply chain system and explain suggestions on how to achieve each of those properties.

Operation Management, Management Studies

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