Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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Which of the seven principles of SCM is most critical to the success of supply chains in the future?
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- How does supply chain integration impact risk in a supply chain?arrow_forwardThe deployment of a supply chain strategy should be linked to the needs of the external environment and both internal and external customers’ expectations. Discuss in detail, the main supply chain strategies and the circumstances in which they are applied.arrow_forwardWhich are the three major areas of focus in creating an effective supply chain?arrow_forward
- Define the strategic goals of supply chain management, andindicate how each element of a supply chain (purchasing,production, inventory, and transportation and distribution)has an impact on these goals.arrow_forwardWhich factors are the most often cited "drivers" and "facilitators" of effective supply chain relationships?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
- What is the effect of behavioral issues in the supply chain decision-making process?arrow_forwardThe biggest problem of inter-organizational supply chains is cost control, customer service, risk management, supply chain volatility, supply chain complexity? Provide some explanations as to why those are the main problems? Give some examplesarrow_forwardDescribe the concept of supply chain resilience in the context of continuity planning. What strategies can organizations employ to strengthen their supply chain resilience?arrow_forward
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