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Beginners Guide to Supply Chain Management

World of Procurement blog

Welcome to the fascinating world of supply chain management (SCM)! Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

article thumbnail

Beginners Guide to Supply Chain Management

World of Procurement blog

Welcome to the fascinating world of supply chain management (SCM)! Returning : Handling of returns and complaints from customers, also involving the reverse logistics to manage unsold or returned products. It involves selecting suppliers, negotiating price, delivery terms, and ensuring the supply of quality goods.

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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

Market Dynamics The target market’s size, location, and growth potential can influence the choice of sourcing strategy. Proximity to customers can be a key consideration, along with consumer willingness to pay more for Made-in-America products.