what is the importance of supply chain in the life products?
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Supply Chain Management or SCM, is the process of integrating and coordinating all the supply activities. Through efficient SCM, companies can quickly and cost-effectively deliver goods and services without compromising on the quality.
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Supply chain management helps lower the cost of doing business, says Bachelor, adding that it provides a way for a business to form a competitive advantage without needing to lower it's prices while allowing it to deliver orders more quickly to customers..
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