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Supply Chain Management
Supply Chain is a
business process that links suppliers, manufacturers,
retailers and customers to develop and deliver products as a
single “virtual” organisation. This is done by pooling various
resources, skills and information. Supply Chain Management is
one of the key areas that is being focussed by leading
companies to gain competitive advantage.
How Supplier development and partnership, Inventory
management and Logistics, Warehouse Management and rapid
development of IT have helped companies to reduce order cycle
times and increase their efficiency in delivery of the
products have been discussed.
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