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Strategy | Description |
---|---|
1 | Implementing advanced technology such as AI and IoT to optimize supply chain processes |
2 | Building strong relationships with suppliers to ensure timely delivery of goods |
3 | Utilizing data analytics to forecast demand and improve inventory management |
4 | Implementing lean principles to reduce waste and improve efficiency |
5 | Creating a responsive and agile supply chain to quickly adapt to market changes |
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Source: Data compiled from industry reports and research studies.