Challenges faced in supply chain and achievement in cost reduction / process improvement.

Question

Accepted Answer

Challenges in supply chain include demand forecasting, inventory management, and transportation logistics. Achievements in cost reduction/process improvement can be seen through implementing lean principles, optimizing supplier relationships, and utilizing technology.

Challenges in supply chain: demand forecasting, inventory management, transportation logistics
Achievements in cost reduction/process improvement: implementing lean principles, optimizing supplier relationships, utilizing technology

Challenges faced in supply chain and achievement in cost reduction / process improvement.

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