(Answered) Supply chain management chainparticularly since 2001 the

Management Studies

Supply Chain Management Chain

Particularly since 2001 the field of SCM has gotten a lot of attention, with folks saying things like "It is no longer competition between individual companies, it is competition between supply chains," yet certainly procurement has been going on for many thousands of years. Why the change now? Assuming you are the Chief Procurement Officer in a for-profit company or in a similar role in a budget-constrained not-for-profit, how can you best demonstrate the financial importance of supply functions to the rest of the organization's leaders?

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