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Enhancing Supplier Relationships for Optimal Supply Chain Management

Today's companies aim to reduce costs, enhance shareholder value, and improve supplier relationships for faster delivery of high-quality, cost-effective products. Supply chain management involves a system of organizations, people, technology, and resources for moving products efficiently from suppliers to customers. The key processes include planning, procurement, manufacturing, distribution, and return. Critical success factors drive effective supply chain management strategies.

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Enhancing Supplier Relationships for Optimal Supply Chain Management

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  1. SUPPLY CHAIN MANAGEMENT

  2. SupplyChainManagement • Today's companies are looking for ways to reduce costs and improve shareholder value. They're hoping to improve their supplier relationships to bring better, cheaper products to market — faster. Moreover, these companies are striving to develop the specific characteristics that set leading supply chains apart

  3. Is a system of organizations, people, technology, activities, information and resources involved in moving a product or service from supplier to customer.

  4. Intention of each of the following processes Supply tactical Chain Management •  Planning •  Procurement •  Manufacturing •  Distribution •  Return •  Critical Success Factors

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