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Supply Chain Management Analytics

oboloo Glossary

Supply Chain Management Analytics

Supply Chain Management Analytics is the practice of using data and analytics to strategically manage, maintain, and improve the supply chain and its related processes. This includes activities such as analyzing inventory, forecasting demand, optimizing stock levels, identifying new suppliers, and assessing performance. By leveraging analytical insights, companies can make informed decisions, maximize efficiency, and reduce costs. Supply Chain Management Analytics gives those in charge of managing supplies a competitive edge, allowing them to confidently tackle any challenges that arise along the way.

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