What is Supply Chain Strategy ? Meaning, Definition, and Example

Supply Chain Strategy refers to the comprehensive plan businesses develop to manage the flow of goods, information, and finances across their supply chain to achieve competitive advantage and meet customer demands efficiently.

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Strategic supply chain management focuses on aligning supply chain processes with organizational goals to enhance performance and adaptability.

By implementing well-defined supply chain strategies, companies can optimize costs, improve delivery times, and foster collaboration among stakeholders to ensure sustainable growth and resilience in dynamic markets.

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