Why is Supply Chain Planning Essential for Any Business Growth?

Efficient supply chain and logistics systems can make or break a business. Even a minor disruption in any of the supply chain processes can affect the entire distribution. Thanks to the technological advances that we have been able to tackle most of these disruptions before they impact the price of the product or customer experience.  To understand the significance of supply chain and logistics in any business, let’s take an example. You run out of your most-selling product and have ordered the same from your supplier. However, the supplier could not process the product due a delay in the “work-in-process”…