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Supply Chain Orchestration

oboloo Glossary

Supply Chain Orchestration

Supply Chain Orchestration in procurement is a process of managing the interaction and collaboration between organizations in the supply chain, from input suppliers to end customers. It involves coordination and control of all activities within the entire procurement process, from sourcing and ordering to delivering and payment. Supply Chain Orchestration increases efficiency and optimizes each step of the process, allowing organizations to effectively manage resources, forecast cash flows and maximize profits. By creating a streamlined, transparent system of communication and collaboration, procurement professionals can ensure their operations are effective and efficient.

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