7 Main Supply Chain Management SCM Advantages

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Supply chain management is a strategic and tactical process that ensures the production of goods and services are delivered to customers in the right quantities, at the right time, with the right quality, and at the right price. SCM system is an integrated set of information systems that helps organizations to manage their supply chain. The system manages all aspects of business operations from order entry through service delivery. The main advantages of SCM are: Improved cost-effectiveness, Reduced lead times, Improved inventory accuracy, Increased customer satisfaction.
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