What are the key components of supply chain management?
An example of an AI chatbot conversation about supply chain management, its components, and strategies.
What are the key components of supply chain management?
The key components include planning, sourcing, manufacturing, delivery, and returns.
How does technology impact supply chain management?
Technology enhances efficiency through automation, data analytics, and real-time tracking.
What are some common challenges in supply chain management?
Common challenges include demand forecasting, inventory management, and supplier relationships.
Can you explain the importance of logistics in supply chain management?
Logistics is crucial as it ensures the timely delivery of products and optimizes transportation costs.
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