10 Tips For Optimizing Supply Chain Management
Any company that relies on inventory or equipment will have a supply chain u2013 a sequence of steps required to source items from various suppliers. A supply chain is also a term used to describe the network of manufacturers, distributors, and retailers that handle products from start to finish on their way to the end consumer. By both of these definitions, the central component of your supply chain is, of course, your supplier(s). So, you might think that optimizing your supply chain is as simple as choosing the right suppliers, right? While thatu2019s certainly important, here are nine tips you can use to further optimize your companyu2019s supply chain management:
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