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Supply chains continue to face increasing disruptions in today’s global manufacturing landscape, requiring a shift in the traditional approach to supply chain management (SCM). This necessitates stricter management processes, adaptability and agility.
To achieve stability, supply chains must be robust and responsive, able to adjust quickly and meet consumer needs and demands in times of uncertainty. Embracing best practices is essential for addressing these challenges effectively, boosting efficiency, cutting costs and ensuring the smooth operation of all supply chain activities.
Below, we will explore three key SCM best practices that contribute to a stronger supply chain network.
Take a Proactive Approach
An organization can leverage various resources and strategic approaches to streamline its supply chain process, enhancing visibility and enabling more…
