date:Dec 17, 2015
retailers and suppliers (or manufacturers) improves operational efficiency. Collaborative distribution with multiple suppliers can reduce the replenishment period and improve sales growth.
How supply chain efficiency can boost business growth is evident from a report published by WEF. According to this report, 25 global MNCs in food beverage domain have increased their revenue by 20% and reduced supply chain cost by 16% by adopting sustainable supply chain management practices. For instance,