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It is a combination of processes and systems such as AI, blockchain, and IoT to improve the efficiency of the supply chain network. A responsive and efficient supply chain is vital for a top-notch customer experience. It makes the supply chain sustainable and profitable for the business.
The top benefits of optimising supply chains are:
A strategic review of the existing supply chain network will result in short-term and long-term goals for optimisation. The review also considers contingencies such as labour and material shortages. The goal is to move from a reactive to a proactive approach.
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