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Companies utilize extranets to create secure, collaborative environments that connect their internal systems with those of their suppliers. By implementing extranets, businesses can facilitate real-time communication, share vital information such as inventory levels and order statuses, and streamline procurement processes. This integration enhances supply chain efficiency, reduces lead times, and improves overall decision-making by allowing both parties to access and exchange data seamlessly. Additionally, extranets can provide suppliers with insights into demand forecasts and production schedules, fostering stronger partnerships and more responsive supply chains.

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2mo ago

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