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Partnership in supply [supply chain management]

Partnership in supply [supply chain management]

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A world-class supply chain is better regarded as a functioning system because it brings benefits to all parties involved in the system. The supply chain has the proven ability to produce competitive advantage through efficient partnership operations. Integrated IT systems give them the visibility of the end-to-end supply chain together with the metrics to mutually manage the system activity at all stages. The commercial advantages of operating a supply chain in interdependent system can be realized by the application of partnership behavior toward people and change, processes, systems and assets.

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