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Strategic Supply Chain Management

oboloo Glossary

Strategic Supply Chain Management

Strategic Supply Chain Management in procurement is all about effective planning and coordination of the flow of goods from suppliers to customers. It’s about creating a framework through which organizations can source, procure, distribute, and deliver value-creating products and services for customers. It also involves analyzing customer needs and market dynamics to ensure that the supply chain is operating in an efficient and cost-effective manner. Ultimately, strategic supply chain management seeks to identify opportunities for improvement and position the organization to capitalize on them.

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