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The most significant feature of supply chain management is its application of sophisticated information technology.

What is supply chain management?

Supply chain management is the administration of the movement of goods and services and it encompasses all procedures that turn raw materials into finished items.

The most significant feature of supply chain management is its application of sophisticated information technology allows companies to:

  • Share and operate systems for border processing,
  • Transportation schedules, inventory, and
  • Facility management.

It entails actively simplifying a company's inventory and supply processes in order to increase customer value and achieve a competitive edge in the industry.

Learn more about supply chain management here:

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