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  • What Are The Advantages of Supply Chain Management?

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    shraddha mehta
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    Supply chain management is a technique used by manufacturing companies to improve how they source raw components needed for production by collaborating with many businesses focused on meeting customer demands. It contains five basic components: plan, source, make, deliver and return. Companies using SCM enjoy easier purchasing, lower costs, improved collaboration and cycle times.

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    It shows the benefits of the supply chain management in any business.

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    SCM

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    Supply chain management is a technique used by manufacturing companies to improve how they source raw components needed for production by collaborating with many businesses focused on meeting customer demands. It contains five basic components: plan, source, make, deliver and return. Companies using SCM enjoy easier purchasing, lower costs, improved collaboration and cycle times.

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    69 views1 page

    What Are The Advantages of Supply Chain Management?

    Uploaded by

    shraddha mehta
    Supply chain management is a technique used by manufacturing companies to improve how they source raw components needed for production by collaborating with many businesses focused on meeting customer demands. It contains five basic components: plan, source, make, deliver and return. Companies using SCM enjoy easier purchasing, lower costs, improved collaboration and cycle times.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
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    What Are the Advantages of Supply Chain Management?

    Supply-chain management (SCM) is a technique used in businesses that helps improve the way manufacturing companies find raw components needed for production of goods and services. SCM is a system that collaborates with many businesses with a focus on meeting customer demands. This system contains five basic components: plan, source, make, deliver and return. Companies using an SCM system enjoy easier purchasing activities, lower costs, improved collaboration and improved cycle times.

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