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Supply Chain Optimization is a strategic process aimed at maximizing efficiency and performance within the flow of goods and services, with a focus on reducing costs and enhancing overall operational effectiveness. This comprehensive approach involves the systematic evaluation and refinement of supply chain processes to achieve the optimal balance between supply and demand.

In the realm of supply chain optimization, organizations leverage advanced technologies and analytical tools to streamline procurement, production, and distribution activities. The goal is to minimize inefficiencies, reduce lead times, and enhance responsiveness to market demands.

Learn more about Ivalua's Supply Chain Collaboration Solutions.