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Building Blocks of Supply Chain Strategy!

Supply Chain Game Changer

A supply chain is made up of an interconnected network of suppliers that all function together to deliver products or services to customers efficiently. The use of strategies like Just In Time (JIT) inventory management and other lean manufacturing approaches are useful in meeting and adapting to demand. Consolidation.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Procurement refers to the business processes involved in acquiring goods, services, and work from external suppliers. It involves identifying needs, sourcing potential vendors, obtaining quotes and proposals, negotiating contracts, selecting suppliers, managing relationships, and meeting obligations.