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Supply Chain Execution

oboloo Glossary

Supply Chain Execution

Supply Chain Execution in procurement is the practice of ensuring that goods and services are provided to customers in a timely and cost-effective manner. It requires careful planning, coordination, and oversight of multiple stages of an organization’s supply chain, including purchasing, inventory management, order fulfillment, and delivery. Ultimately, it strives to reduce costs while improving customer satisfaction through faster product delivery and improved visibility into how well the process is working. With proactive management, Supply Chain Execution helps to optimize profits while minimizing risk.

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