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SUPPLY CHAIN#1

A network of organizations and activities involved in producing and delivering a product from raw materials to the end customer.

PROCESS MAPPING#2

A visual representation of the steps involved in a process, helping to clarify roles and improve communication among stakeholders.

LOGISTICS#3

The planning, implementation, and control of the movement and storage of goods and services from origin to consumption.

STAKEHOLDER#4

Individuals or groups with an interest in the supply chain, including suppliers, customers, and logistics coordinators.

COMMUNICATION STRATEGY#5

A plan for how information will be shared among stakeholders to ensure clarity and effective collaboration.

TECHNOLOGY INTEGRATION#6

Incorporating technological solutions into supply chain processes to enhance efficiency and communication.

SIPOC#7

A tool used in process mapping that stands for Suppliers, Inputs, Process, Outputs, and Customers.

INVENTORY CONTROL#8

Managing inventory levels to ensure sufficient stock for production while minimizing costs.

TRANSPORTATION MANAGEMENT#9

Coordinating the movement of goods, including selecting carriers and optimizing routes.

WAREHOUSING#10

The storage of goods in a facility until they are needed for distribution.

SUPPLY CHAIN VISIBILITY#11

The ability to track and monitor all components of the supply chain in real-time.

FEEDBACK MECHANISM#12

Processes for gathering input from stakeholders to improve communication and operations.

FLOWCHART#13

A diagram that represents a process, showing the sequence of steps and decisions involved.

KEY PERFORMANCE INDICATORS (KPIs)#14

Metrics used to measure the effectiveness and efficiency of supply chain processes.

BEST PRACTICES#15

Proven techniques or methods that lead to superior results in supply chain management.

VALUE CHAIN#16

A model that describes the full range of activities required to create a product or service.

RISK MANAGEMENT#17

Identifying and mitigating potential risks that could disrupt the supply chain.

ORDER FULFILLMENT#18

The complete process of receiving, processing, and delivering customer orders.

SUPPLIER RELATIONSHIP MANAGEMENT#19

Strategies for managing interactions with suppliers to enhance collaboration and performance.

CROSS-FUNCTIONAL TEAMS#20

Groups that include members from different departments working together on supply chain projects.

LEAN SUPPLY CHAIN#21

An approach that focuses on minimizing waste and maximizing value in the supply chain.

AGILE SUPPLY CHAIN#22

A flexible supply chain that can quickly adapt to changes in demand or supply.

DEMAND FORECASTING#23

Predicting future customer demand to optimize inventory and production planning.

CUSTOMER SERVICE#24

The support and assistance provided to customers throughout the supply chain process.