Management is an organizational process including strategic planning, goals determination, resources management, organizational of human resources, technical, and financial sources which are necessary for the achievement of goals and for the measurement of result.
Supply management is often seen as a comprehensive management concept. It describes all tasks related to the identification, acquisition, access, positioning and management of resources the organization needs or potentially needs in the attainment of its strategic objectives.
It is the dynamic vision of the practices performed by a strategic purchasing function generating maximum value for the company. It is a strategic approach to planning for and acquiring the organization’s current and future needs through effectively managing the supply base, utilizing a process orientation in conjunction with cross-functional teams to achieve the organization mission.
Supply management requires pursuing strategic responsibilities, which are those activities that have a major impact on the long-term performance of the organization.
Supply management system
The History and Evolution of Tea in the United States
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Tea first arrived in the United States in the 1600s, brought by European
settlers who introduced the beverage to the American colonies. By the 18th
century...
