answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How has the role of consumer change and what has been the impact upon supply chain?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is five driving forces supply chain management?

1.The Empowered Consumer 2. Supply chain Relations 3. Deregulation, Core Competencies and outsourcing 4. Globalisation 5. Technology


Is a set of firms that make and deliver a given set of goods and services to the ultimate consumer?

Supply chain.


What is a supply chain?

The supply chain is the network of steps of a product from from origin (raw materials or manufacturer) to consumer. A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the human extraction of raw material, and includes several production links (e.g., component construction, assembly, and merging) before moving on to several layers of storage facilities of ever-decreasing size and increasingly remote geographical locations, and finally reaching the consumer.


What is the Difference between value chain and supply chain?

A supply chain consists of series of activities in which a product or a material is simply transferred from a starting point to an end point, whereas in the value chain, instead of just transfering we add certain values to it. Eg: Suppose a supply chain is as follows: farmers- wholesaler-retailer-consumer. If the apples just passes through the same channels with out any grading or sorting, then it's a supply chain. However, if at any stage we add some values to the apples such as grading, sorting, packaging or cold storage, then this is called a value chain.


What is supply chain management and how it works?

Supply Management is a well-designed and well-coordinated business that large companies use to plan, execute, and monitor every internal and external occupation that goes in their service. Not every company is run in such a orderly manner; only the large ones.

Related questions

What does supply chaining mean?

Supply chain means, a chain of supply frow raw material to final product or to consumer. For example: Hides -> tanning -> cutting -> manufacturing -> leather bags -> consumer.


What are the Key Result Areas of supply chain department?

To satisfy the consumer needs.


What part do retailers play in the supply chain?

The part retailers play in the supply chain is selling products to consumers. The retailer is the middle man between the manufacturer and the consumer of the product.


What is five driving forces supply chain management?

1.The Empowered Consumer 2. Supply chain Relations 3. Deregulation, Core Competencies and outsourcing 4. Globalisation 5. Technology


Is a set of firms that make and deliver a given set of goods and services to the ultimate consumer?

Supply chain.


What are the social and economic impact of supply chain management software?

There is a significant loss of supply chain related jobs in warehousing and shipping. One groups jobs is another groups expense.


What is meant by 'supply chain management'?

Supply chain management deals with the logistics of the manufacturing and the delivery of a product. It also includes production and delivery of a service to the consumer and final recycling of disposable packaging material or the good after its valuable use. supply chain managment is the managment of network of interconnected business involve to ultimate provision of product , services and packages to en consumers is called supply chain managemnt


What is the sixth consumer called in a food chain?

what is the sixth consumer in the food chain?


What is a supply chain?

The supply chain is the network of steps of a product from from origin (raw materials or manufacturer) to consumer. A typical supply chain begins with the ecological, biological, and political regulation of natural resources, followed by the human extraction of raw material, and includes several production links (e.g., component construction, assembly, and merging) before moving on to several layers of storage facilities of ever-decreasing size and increasingly remote geographical locations, and finally reaching the consumer.


What will be the impact capacity of not having sufficient capacity in the supply chain for a promising product?

Too much product, not enough space.


What is the supply chain management industry Do you need a degree to work in supply chain management?

Supply chain management (SCM) refers to the coordination and management of activities involved in the production and delivery of goods and services, from the raw materials stage to the end consumer. It involves managing relationships with suppliers, manufacturers, distributors, and customers to ensure efficient and effective delivery of products


What is Green supply chain?

Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.