Seven Principles of Supply Chain Management
Recent events have shown just how fragile many supply chains are. Here’s how to apply seven principles of supply chain management to build more resilience. You will learn:
Principle 1: Improve inventory visibility
Principle 2: Manage supply and demand as a flow
Principle 3: Adopt a fast, flexible pipeline planning system
Principle 4: Use real-time analytics to measure the volatility of demand
Principle 5: Improve forecasting models
Principle 6: Diversify suppliers
Principle 7: Create new distribution networks and channels
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