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Glossary
Macro & Markets
Supply Chain Management
Supply chain management involves managing a company’s supply chain end-to-end to ensure timeliness and logistical efficiency, quality control, effective monitoring and inventory control, troubleshooting, timely delivery and payment, positive customer relationship management and minimising costs. Managing a supply chain is particularly critical when companies operate a just-in-time model. Supply-chain management today draws heavily on data analytics and AI and is starting to move into the realm of distributed ledger technology.