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Q. Define the role of supply networks.
The role of supply networks is defined as given below:
a. To assist the corporate and competitive strategy
b. Speed up ordering, payment and processing as like 'paper less' administration.
c. Decreased lead time for delivery of inventory levels and the last product.
d. Develop and innovate new ways to add value to customers.
e. Decreased staff overhead.
f. Enhance quality of the ultimate product or service.
From my experience, companies need to factor in the competition and determine their market share. How might a company determine its potential market share?
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