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Supply Chain Planning And Execution

oboloo Glossary

Supply Chain Planning And Execution

Supply Chain Planning and Execution is the process of managing the flow of goods and services to meet customer demands in a cost-efficient and timely manner. This requires a deep understanding of customer needs, an efficient network of suppliers, effective forecasting, and strategic decisions about resource allocation. It involves understanding supplier networks, establishing relationships with stakeholders, ensuring delivery of products on time and in full, analyzing trends, automating processes, tracking inventory levels, and coordinating logistics activities such as warehousing and transportation. The end result? A streamlined process that helps businesses optimize performance and profitability.

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