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The importance of these drivers depends on the planning horizons, from the shortest – the Execution Horizon and Sales and Operations Execution – through Integrated Business Planning to the longest horizons of StrategicPlanning and Visioning.
Developing a Strategic Procurement Plan A detailed 3-5 year strategicplan turns the strategy into an actionable roadmap. The plan defines activities like category analysis, supplier consolidation, technology implementation, process re-engineering, skill building etc. needed to deliver on the KPIs.
It emphasizes the need for strategicplanning and collaboration among stakeholders to mitigate the risks associated with global dependenciesin the medical sector. This proactive approach enables companies to adapt quickly to disruptions and mitigate risks, ultimately strengthening the overall resilience of the supplychain.
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