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The supply chain industry has a cascading impact on almost all aspects of trade and retail – from sourcing of raw materials based on demand forecast and speeding up the production to getting the product to the store and finally to the consumer, everything depends on the supply chain. A survey by Deloitte states that 79 percent of enterprises with high performing supply chains acquire more revenue growth than average within their industries. Conversely, just eight percent of businesses with less capable supply chains report above average growth. This figure clearly highlights the interrelations between an enterprise and supply chain management (SCM). On the other hand, India’s endeavor to become a global...