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Supply chain

Trade Associations
From China
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Samuel J.
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Aug 24, 2020
How can a supply chain better align with a company’s broader strategy?

1 answer

Aug 25, 2020

All companies are in business to make money. When a company experiences a 25 percent increase in its cost, it has entirely lost its margins. For this reason, it is important for a company to make decisions early on in the supply chain. Early and effective supply chain management enables companies to track the movement of the raw materials needed to create products, optimize inventory levels to reduce costs and synchronize supply with customer demand. Furthermore, supply chain management enables companies to maintain visibility over their logistics to ensure availability of materials and delivery of products to customers.

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