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Planning is the new major focus for supply chain managers in supply chain management.
Supply Chain Management
- Supply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services.
- It entails the deliberate simplification of a company's supply-side operations in order to optimize customer value and achieve a competitive edge in the market.
- The foundation of SCM is the notion that almost all products that are sold are the result of the efforts of numerous companies that are connected by a supply chain.
- Despite the fact that supply chains have been around for a very long time, most businesses have only recently recognized the value they can contribute to their operations.
- SCM often starts with planning to align supply with customer and manufacturing demands in order to achieve the best results.
To learn more about Supply Chain Management refer to:
https://brainly.com/question/14511915
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