A supply chain is a network of all the processes involved in the creation of a product, from the raw material to the end product. Every product has its own set of processes that it goes through to reach the state of becoming saleable. Any fault in the supply chain can disrupt the whole system. For this reason, effective supply chain management is key. After taking all the internal and external factors into consideration, proper planning and execution is done to ensure cost-effectivity and productivity.
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