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t o t he cus t o m er . O r de r Fu l f i l l m en t C y cl e Ti m e U psi de S up pl y C ha i n Fl e x i b i l i t y U psi de S up pl y C ha i n Ad ap t ab i l i t y S up pl y C ha i n Fl exi bi l i t y T he a g i l i t y of a s up pl y cha i n in r esp on di n g t o m ar k e t pl ace cha n g e s t o g ai n o r m ai ntai n pet i t i v e adv an t ag e. D ow ns i de S up pl y C ha i n A da ptabi l i t y S up pl y C ha i n M an ag em en t C os t S up pl y C ha i n C osts T he cost s asso ci ated w i t h opera t i ng t he sup pl y cha i n. C ost o f G oo ds S ol d C ash to C ash C y cl e T i m e S up pl y C ha i n A sset M an ag ement T he e f f ectiv en ess o f an or g an i z atio n in m an a g i ng asse t s t o sup p ort de m an d satis f ac t i on . T hi s i ncl ud es t he m an a ge m en t o f al l asse t s: f i x ed an d w or k i n g cap i t al . R etur n on S up pl y C ha i n Fi x ed A ssets Mapping material flow Latin American Suppliers (D1) Warehouse Other Suppliers (D1) Manufacturing European Supplier (S1) (SR1,SR3) CustomerCustomerCustomerCustomer(S1, D1) (SR1,DR1,DR3) (D2) (DR1) Warehouse Warehouse Warehouse (S1, D1) (SR1, DR3) (S1, D1) (SR1,DR1,DR3) (S1, D1) (SR1,DR1,DR3) (S1) (SR1,SR3) (S1) (SR1,SR3) (S1) (SR1,SR3) (S1, S2, M1, D1) (SR1,DR1) Definition of SCM ? Supply Chain Management enpasses the planning amp。 management of all activities involved in sourcing amp。 procurement, conversion amp。 all Logistics Management activities. Importantly, it also includes coordination amp。 collaboration with channel partners, which can be suppliers, intermediaries, thirdparty service providers amp。 customers. In essence, SCM integrates supply amp。 demand management within amp。 across panies. Council of Supply Chain Management Professionals (2020) Supply Chain Management: Boundaries amp。