Question: Define the terms Supply Chain and Logistics . Contrast the elements of supply chain in manufacturing and service sectors and provide with 2 examples for

Define the terms Supply Chain and Logistics . Contrast the elements of supply chain in manufacturing and service sectors and provide with 2 examples for each case. What are some recent trends in supply chain management? Explain the bullwhip effect, and why does it occur? Discuss the importance of RFID for supply chain management. What is the main reason for a vendor analysis?

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