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Change Management In Supply Chain

oboloo Glossary

Change Management In Supply Chain

Change management in supply chain is the process of adapting and adjusting to the ever-changing environment of procurement. Its purpose is to facilitate smooth transitions between suppliers and customers, while ensuring that procurement processes are efficient and cost-effective. It involves a range of activities such as monitoring supplier performance, forecasting demand, negotiating contracts, and managing vendor relationships. By paying close attention to the changes taking place in the marketplace, companies can stay on top of their supply chains and remain competitive in an ever-evolving market.

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