Thousense Lite05 Mar, 2025Technology
The supply chain operates through multiple phases, each essential for ensuring smooth business operations. These include demand planning, procurement, production, distribution, and after-sales service. Every phase must be well-coordinated to avoid disruptions and inefficiencies. Effective supply chain management ensures that products reach customers on time and at optimal costs. Businesses that fail to manage these phases efficiently often experience delays, increased expenses, and customer dissatisfaction. This blog delves into the five major phases of supply chain management and provides practical tips for improving each stage.
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