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Abstract
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Supply chain management involves coordination and collaboration between multiple business partners related to the flow of information, materials and money. These partners include suppliers of raw materials and basic components of products, manufacturers, wholesalers, distributors, carriers, retailers, banks and other financial institutions. The proper functioning of the supply chain, that is, ensuring profitability and efficiency for all partners without exception, determines two key factors: 1) coordination of joint activities between members in the supply chain; 2) integration of these three streams.
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