SCM synchronises and establishes strong bonds of communication between the parties connected in a value chain. This enables the parties to function as a virtual organisation, which is able to deliver products and services faster, with higher quality, and at less expense.

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The Stage

Global outsourcing, leaner supply chains, and the ever-increasing frequency of new-product introductions require considerable collaboration and coordination between the associated networks of trading partners. To cope with this, many organisations are re-engineering their business processes, building new infrastructures, and investing in technology platforms that enable them to better manage complexity, the vagaries of supply and demand, and the risks associated with modern SCM.

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