Discuss the role of information in the supply chain and how it supports supply chain planning and execution.
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A: Knowledge plays the following roles in supply chain management:
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Discuss the role of information in the supply chain and how it supports supply chain planning and execution.
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- Why is information so important in supply chains? What are the challenges to the successful development and implementation of effective information? What is the role of technology and information management?Discuss the importance of knowledge in the supply chain and how it aids in the preparation and implementation of the supply chain.Describe the importance of supply chain management systems and related challenges.
- What is supply chain management and its related activities?Describe Supply Chain Information Flows?Existing supply chain information technologies support timely, cost efficient sharing of information between suppliers, manufacturers, intermediaries, logistics services providers, and customers. The changing nature of supply chains underlies the need for information and the investment in technology. Discuss the role of information in the supply chain and how it supports supply chain planning and execution
- Describe the components of information quality and how they impact supply chain decision making.Differentiate how the e-commerce sector is before and after the implementation of enterprise resource planning in supply chain management.WHAT IS THE MEDIATING VARIABLE IN INVESTIGATING THE IMPACT OF INFORMATION SYSTEMS INTEGRATION ON SUPPLY CHAIN PERFORMANCE THROUGH EFFECTIVE CUSTOMER RELATIONSHIP MANAGEMENT (CRM)