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Benefits of Benchmarking in Supply Chain Management

Estimated reading time: 4 minutes   In supply chain management, benchmarking is critical to establish resilient operations and to be cost-competitive. With the utilisation of historical information to identify standards and best practices, it enables comparison of past projects’ performance with present projects, allowing for a more informed analysis of the next step to be…

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Supply Chain & Commercial Contractual Agreement

Estimated reading time: 5 minutes   Supply chain management (SCM) is the broad range of activities required to plan, control and execute a product’s flow, from acquiring raw materials and production through distribution to the final customer, in the most streamlined and cost-effective way possible. SCM involves the integrated planning and execution of processes to…

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