Supply Chain Strategic Planning is a strategic process that seeks to create competitive and sustainable advantage from the supply chain. It sets out the most efficient, effective and appropriate methods for sourcing, producing, distributing and delivering a product or service for an organization. This involves making decisions about the partners and suppliers used across a business’s global operations, assessing their capabilities and performance, coordinating efforts and managing budgets accordingly. By correctly aligning the entire value chain, organizations can optimize their supply chain activities to increase profits while reducing risk.