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Supply Chain Management And Data Analytics

oboloo Glossary

Supply Chain Management And Data Analytics

Supply Chain Management (SCM) and Data Analytics is a combination of strategies and techniques used to effectively manage the flow of goods, services, and resources from suppliers to customers. It covers the activities that take place in the production, movement, and storage of products, and also includes the analysis of data collected from various sources to identify potential trends and opportunities for improvement. SCM and Data Analytics enables businesses to be more agile and efficient, while providing visibility into the entire supply chain process. By leveraging data, businesses can make better decisions, reduce costs, improve customer satisfaction, and gain a competitive advantage.

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