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Mapping A Supply Chain

oboloo Glossary

Mapping A Supply Chain

Mapping a supply chain is an essential part of business operations. It is the process of tracking and analyzing the flow of goods and services from the point of origin to the point of consumption. It involves the identification of suppliers, manufacturers, distributors, retailers, and customers, as well as the various steps in the supply chain. It also includes the tracking of the cost of materials, labor, and other resources used in the production of goods and services. The purpose of mapping a supply chain is to ensure that the supply chain is efficient and cost-effective, and that it meets customer needs. It is also used to identify potential areas of improvement and to develop strategies for improvement. Mapping a supply chain is an important part of managing a business, as it provides insight into the performance of the supply chain and helps to identify areas of improvement.

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