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how to responsd to the following: - Hello Caniche, I wanted to discuss a little more in detail the objectives of supply-chain management (SCM). The

how to responsd to the following: - Hello Caniche, I wanted to discuss a little more in detail the objectives of supply-chain management (SCM). The main objectives of SCM are: 1. Cost reduction: One of the primary goals of SCM is to minimize the total cost of the supply chain while maintaining the desired level of quality and service. This includes reducing costs related to procurement, production, inventory, transportation, and distribution. 2. Improved efficiency: SCM aims to streamline processes and optimize resource utilization across the supply chain. This involves eliminating wasteful activities, reducing lead times, and improving productivity. 3. Enhanced customer satisfaction: By ensuring the timely delivery of high-quality products and services, SCM seeks to meet or exceed customer expectations. This involves understanding customer needs, providing excellent customer service, and being responsive to changes in demand. 4. Increased agility and flexibility: Supply chains must be agile and flexible to adapt quickly to changes in market conditions, customer requirements, and supply disruptions. SCM focuses on building a resilient supply chain that can respond effectively to these challenges. 5. Better collaboration and communication: SCM promotes collaboration and information sharing among all stakeholders in the supply chain

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