There is no such thing as standing still in today’s dynamic supply chain environment. Organizations are either striving to make themselves better or allowing themselves to get worse — it’s that simple. The relevance of supply chain management in today’s marketplace cannot be overstated. Generally speaking, more than 50% of an organization’s revenue is spent on elements of the supply chain (i.e. materials, services, inventory, transportation, warehousing, and information technology). A strong supply chain is a definitive predictor of a company’s market success.
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