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What Is Supply Chain Planning Process

oboloo Glossary

What Is Supply Chain Planning Process

Supply chain planning is a systematic process that enables organizations to quickly and accurately plan how they will source, produce, and distribute their products. It involves analyzing the current supply chain, identifying opportunities for improvement, creating plans to meet customer demand, and ensuring a reliable supply of materials to meet production needs. The process also aims to improve communication between suppliers and customers to consolidate purchasing power, reduce costs, and provide a more efficient service. By maintaining an efficient and effective supply chain, businesses can maximize profits while delivering high-quality products on time.

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