Why any business needs Supply Chain Planning?

Advatix Logistic31 Mar, 2023Business

Supply chain planning is the process of developing a strategy to manage the flow of goods and services from suppliers to customers. It involves the coordination of various activities, such as demand forecasting, inventory management, production planning, and logistics. In today's global business environment, supply chain planning has become increasingly complex due to factors such as globalization, increased competition, and supply chain disruptions.