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Throughout the chain, suppliers add value gradually to the product by providing materials, information and services for customers and other stakeholders.
Accessible information that is relevant to companies in the supply chain has to reach every element of the supply chain in order to benefit the chain as a whole instead of just the company itself. Hence, this will lead to better productivity and overall distribution as it will cut costs, provide a product for the end-user and increases the involved companies’ success. Incorporating SCM successfully leads to a new kind of competition on the global market where competition is no longer of the company versus company form but rather takes on a supply chain versus supply chain form...
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Common topics in this essay:
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