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1 ( 20 MARKS ) Inventory management is a crucial element of any retail business. Explain why inventory management is backbone of supply chain management?

1 ( 20 MARKS ) Inventory management is a crucial element of any retail business. Explain why inventory management is backbone of supply chain management? QUESTION 2 ( 20 MARKS ) There are THREE (3) key supply chain decision phases in supply chain management. State and describe all the levels in supply chain management

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