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Q. What are the elements of supply chain management?
The three elements of supply chain management:
• Responsiveness as an example how flexibly and rapidly supply can meet demand.
• Reliability delivers consistently and punctual.
• Relationships as an example develop high degree of mutual understanding and trust, frequently using single supplier sourcing strategies to attain this.
Benefits of outsourcing and how to improve capacity using ratio rastionalisation and sub contracting
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