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Welcome to the fascinating world of supplychainmanagement (SCM)! Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer. Sourcing : Choosing suppliers that provide the goods and services needed to create the product. What Is SupplyChainManagement?
Welcome to the fascinating world of supplychainmanagement (SCM)! Manufacturers play a crucial role by creating the physical products that are eventually sold to the consumer. Sourcing : Choosing suppliers that provide the goods and services needed to create the product. What Is SupplyChainManagement?
In todays highly competitive market, where there is an expectation of rapid delivery, every link in the supplychain is critically important to ensure that products are manufactured efficiently, and waste is minimized. This recognizes the interconnected nature of procurement, production, logistics, and distribution.
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