Abstract
The supply side is the function, which secures that inputs are available for the transformation process as shown in Fig. 3.1. Transformation is any activity or group of activities that takes one or more inputs, transforms and adds value to them, and provides outputs for customers or clients. Inputs, for which the supply management is responsible, are mostly products and services coming from suppliers in the upstream side of the value chain. These products or services are directly involved in the transformation into end-products to customers. However, inputs can also be indirect categories or services, which are not directly included in the transformation process (desks, machines, training services, etc.).
What gets measured gets improved.
Peter Drucker (1909–2005)
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Helmold, M., Terry, B. (2021). Supply Management 4.0. In: Operations and Supply Management 4.0. Future of Business and Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-68696-3_3
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