Headlines of horse meat found in frozen beef products in Europe and see-through yoga pants illustrate the need. Supply-chain management has moved from a "necessary evil" to a "core competency" at companies across industries, says Rick Blasgen, president and chief executive of the Council of Supply Chain Management Professionals, an industry group.
Sensing growing demand, more than a half-dozen universities have recently introduced undergraduate majors, M.B.A. concentrations and even entire degree programs dedicated to procurement, inventory management and global supply-chain strategy.
The supply chain includes production, transport, distribution and other logistics, as well as the engineering and financial considerations involved in each of those elements.
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