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With globalization, outsourcing, and increased compliance and security concerns, managing supply chain operations becomes increasingly complex. And shorter, more frequent product cycles targeting more-sophisticated markets create a need to manage more products and parts from remote locations. Add the pressure of shorter cash-to-cash cycles the time from when a business extends credit to build inventory until the time it gets paid - into the equation, and the need for an intelligent, nimble, and timely flow of information becomes critical.
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