Remove Business strategy Remove Contract management Remove Demand Planning
article thumbnail

Beginners Guide to Supply Chain Management

World of Procurement blog

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive.

article thumbnail

Beginners Guide to Supply Chain Management

World of Procurement blog

Supply Chain Lifecycle The supply chain lifecycle consists of several key phases: Planning : This involves the demand planning, supply planning, and overall business strategy. Strategic sourcing and cost management are integral parts of this phase to ensure the company remains cost-efficient and competitive.