The A-Z of supply management, part 4

In the fourth in our A-Z series on key purchasing and supply management terms, Ken Burnett and Mark Whitehead look at entries for the letters M-P

M

Management

The business of planning and organising operations to achieve defined objectives. Sounds simple, but vast rainforests are destroyed annually in the eternal quest to pin down how to do it effectively. Many management concepts seem like common sense dressed up to look technical. But the...

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