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Q: What are the two key supply chain management decisions that have significant impact on the supply chain profitability?
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What is the impact of purchasing and supplies management on organizational efficiency and profitability?

impact on organizational profitability


What are The impact of inventory management on profitability of small scale enterprise?

Inventory management can play an important role in the profitability of a business in a way,,, for example If we hold a lot of inventory that means we spend (outflow of cash) and which can impact of our business profitability and in the same way if we hold a minimum in inventory that means much inflow that can lead to a better profitability, both of these end have to be cater very carefully. A number of techniques are used to control the inventory management such as EOQ Model, just in time techniques and and in modern era ERP system is one of the best example of inventory management system to improve the profitability of the business. As far as concerned with small scale enterprises inventory management play a vital role for the profitability of the business because generally it is presumed that small scale business has a little access on resources and if they spend all their money on the inventory then they do not have any cash for future and in this way they face serious problems such as might be loss of business. So the small scale businesses must act in this way that they hold a level of inventory that does not impact on its survival, they must use techniques to inventory management and in this way they get much more profits than expected.


The impact of management information on an organisation performance?

The impact of management and information system on organizational performance


How might an organization's culture influence the way managers make decisions?

An organization's culture can have a lot of impact on how that organization's management makes and executes decisions. If senior management second guesses management's decisions, or expects them to be right 100 % of the time, then management will either not make decisions, deferring all of the decisions to senior management, or be overly conservative in making decisions. An overly conservative management team could be afraid of trying new strategies/directions. Ideally a management team should be encouraged to get all of the information possible, then make the best decision/plan they can, and work that plan. You can work to minimize risk, but in the end you make a decision, and if it works, great, build on that, and if it doesn't work, try to find out why and learn from it. If management feels overly criticized for dissappointing results, they will shy away from "trying anything different." On the other hand, if senior management does not follow up on decisions, for example if the team agrees to try something, but does not come up with a way to measure if what they tried was successful, or never goes back and reviews the outcome, then you may get bad decisions. Either they will never find out what works and what doesn't, or they will grow frustrated because "nothing we do seems to work". Ideally, the best culture will encourage a certain amount of risk, while at the same time having structure in place to minimize that risk. Most importantly, the culture will seek to analyze how bad decisions are made, and not just seek to penalyze the people making those bad decisions.


What is the impact of technology management of technology?

Technology management is set of management disciplines that allows organizations to manage their technological fundamentals to create competitive advantage.

Related questions

What is the impact of purchasing and supplies management on organizational efficiency and profitability?

impact on organizational profitability


Discuss how poor management decisions can impact software quality?

Poor management decisions can impact software quality because management is often in charge of selecting those in charge of buying the company's software.


What is the impact of effective treasury management on banks profitability?

Effective Treasury Management will have the same effect on a banks profitability that it does on any other corporate business....it should have either a positive or neutral effect on the bottom line. Never a negative.


What is the reason of significant impact on behavior management?

Significant impact on behaviour management is important to watch. You want to know the triggers for poor behaviour, so that you can manage the behavior in a positive way.


How do decisions taken by management impact directly and indirectly on a bank?

the ablilityto give credit when it is needed.


What are The impact of inventory management on profitability of small scale enterprise?

Inventory management can play an important role in the profitability of a business in a way,,, for example If we hold a lot of inventory that means we spend (outflow of cash) and which can impact of our business profitability and in the same way if we hold a minimum in inventory that means much inflow that can lead to a better profitability, both of these end have to be cater very carefully. A number of techniques are used to control the inventory management such as EOQ Model, just in time techniques and and in modern era ERP system is one of the best example of inventory management system to improve the profitability of the business. As far as concerned with small scale enterprises inventory management play a vital role for the profitability of the business because generally it is presumed that small scale business has a little access on resources and if they spend all their money on the inventory then they do not have any cash for future and in this way they face serious problems such as might be loss of business. So the small scale businesses must act in this way that they hold a level of inventory that does not impact on its survival, they must use techniques to inventory management and in this way they get much more profits than expected.


What is the impact of organizational culture in its corporate decision making?

The impact of organizational culture in its corporate decision making is from top to bottom. This means that top management of the company makes all decisions and these decisions are mandated to the next levels of the company.


What is the definition for lasting impact?

A lasting impact refers to a significant and enduring effect that continues to be felt or observed over an extended period of time. This impact often influences future events, decisions, or outcomes in a meaningful way.


Which of the following steps in the management decision-making process generally involves the managerial accountant?

Prepare internal reports that review the impact of decisions


What is management impact on education?

what is the management impact on education


What is the cost implications?

Cost implications refer to the financial impact of a decision or action. It involves assessing how the decision will affect expenses, revenue, or profitability of an organization. It is important to consider cost implications when making business decisions to ensure financial sustainability and efficiency.


The impact of management information on an organisation performance?

The impact of management and information system on organizational performance