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Production Planning Supply Chain Management

oboloo Glossary

Production Planning Supply Chain Management

Production Planning and Supply Chain Management in procurement is the comprehensive process of managing materials, services and information flows from suppliers to end customers. It involves forecasting demand, sourcing inputs in a timely manner and ensuring seamless collaboration between all stakeholders in supply networks. By creating efficient production plans and robust supply chains, companies can streamline their procurement processes for cost savings and improved customer satisfaction. With this powerful tool, organizations can reduce time-to-market and ensure the highest quality products at the lowest possible cost.

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