Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Sustainability and ethics are important considerations in supply chain decision-making. Analyze the ethical implications of the cold chain disruptions, including food waste and financial losses. Suggest sustainable practices and policies that policy makers can implement to enhance the resilience of the retail cold chain. Justify your suggestions in the context of the article and supply chain principles.
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- What is a direct supply chain? Work with your partner to provide an example of an organization that would use a direct supply chain.arrow_forwardSupply chain management is a critical function within organizations that involves the coordination of activities related to the sourcing, procurement, production, and distnbution of goods and services. Effective supply chain management aims to optimize the flow of materials, information, and finances across the entire supply chain network, from suppliers to end customers. Key components of supply chain management include strategic sourcing, which involves selecting the right suppliers based on factors such as quality, cost, and reliability, inventory management, which seeks to minimize carrying costs while ensuring product availability, and logistics management, which focuses on the efficient transportation and storage of goods. Additionally, supply chain managers must collaborate closely with internal departments as well as external partners to mitigate risks, manage disruptions, and continuously improve the performance of the supply chain. By adopting technologies such as data…arrow_forwardWhat are the best practices used by unilever to improve supply chain performancearrow_forward
- How can the supply chain remain sustainable while remaining resilientarrow_forwardhar Explain the opportunities available for each supply chain driver to be socially responsible. Select 5 supply chain driver and provide example for each.arrow_forwardIn terms of supply chain risk, more reliance on supply chains means more risk and fewer suppliers increase dependence. Identify three (3) supply chain risks and briefly explain what mitigation tactics you would use to overcome them.arrow_forward
- Explain Amazon's fundamental supply chain analytics and how they can improve planning, decision-making, and execution in the supply chain by taking into consideration current and future strategic challenges and opportunities for supply chain.arrow_forwardDiscuss the common challenges in an effective and efficient supply chain strategy and management.arrow_forwardshould all organisations have a department dedicated to sustainable supply chain management? Why/why not? is it possible for micro-organisations (such as a street vendor) to engage in sustainable supply chain management? Why/why not? What are some sustainable supply chain management initiatives that more organisations should undertake to ensure sustainable operations?arrow_forward
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