Question: Please response to this post. The supply chain is an intricate network of people, companies, resources, processes, and technologies that are used in the manufacturing
Please response to this post.
The supply chain is an intricate network of people, companies, resources, processes, and technologies that are used in the manufacturing and distribution of goods and services from the supplier to a consumer. A supply chains process includes coordinating production and inventory to match demand, obtaining raw materials, assembling, and inspecting parts, getting the product ready for storage or transportation, delivering it to retailers or direct customers, and managing returns. This is why supply chain management is so important regionally and globally. There are so many working parts within a supply chain and Supply chain management can help streamline these processes. They collaborate with internal and external individuals and businesses to look for ways to improve and innovate their production, distribution, and procurement processes. Supply chain management can also Improve efficiency and effectiveness which can also lower transportation expenses, minimize surplus inventory and cut waste which all add to overall costs savings as well as help a company achieve a competitive advantage in the market. These processes are all aimed at improving efficiency, maintaining high quality, and ensuring that these products are available when the customer needs them for excellent customer satisfaction.
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