How have supply chains evolved in their scope and complexity?
Expert Answer
Supply chain is comprised of different entities who helps in movement of goods, information as well as capital from the origin point to the destination and vice versa. In earlier days, the supply chains were much simpler and used to involve the manufacturer and customer. With the evolution of business environment, the supply chains have expanded accordingly. Now, it also includes the manufacturers, suppliers, distributors, retailers and the customers. With the globalization, technological development, and evolution of e-business, the scope and complexity of supply chains have further
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