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Supply chain management is the best possible planning and control of material and information flows over the whole logistics chain. A successful supply chain management is based on the integration of all involved parties, from the manufacturer to the end customer.
Short Information Flow
In case of insufficient demand data along the supply chain, strong fluctuations of the order volume will occur despite a fairly stable demand. As a result of the uncertainty of the supply chain partners, the corresponding emergency stocks are increased to counterbalance demand fluctuations.
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Increase of the Value of the Enterprise
Only the optimization of the complete supply chain holds cost reduction potentials. Costs will not be shifted elsewhere but saved as a result of efficiency and focusing on core competence.
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