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What else can I help you with?
What are the internal causes of supply chain disruption?
Breakdown of information sharing systems
Why do you want a career in the Logistics and Supply Chain sector?
There is more growth, opportunity, coordination between all of the heir employs
What are the causes of the bullwhip effect?
The bullwhip effect in supply chain management can be caused by fluctuations in demand, lead time variability, order batching, and lack of communication and coordination between different partners in the supply chain. These factors can amplify small changes in demand and create larger fluctuations upstream in the supply chain.
What are the advantages of quantity discount?
Improved coordination to increase total supply chain profits Extraction of surplus through price discrimination
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 the disadvantage of supply chain management?
1-Distribution Network Configuration2-Distribution Strategy3-Trade-Offs in Logistical Activities4-Information5-Inventory Management6-Cash-Flow
What is meant by supply chain mapping?
Supply chain mapping is the method to capture existing business process and performance across various organization from upstream raw material producers to downstream retailing companies. Visualization of business process is the key to determine how to improve operations and how to increase coordination among different parties in the same supply chain. The result of good supply chain mapping can be reduction of lead-time or delivery time or cost reduction.
Is logistic a part of supply chain management or supply chain is the part of logistic?
logistics is a part of supply Chain Management
What is Green supply chain?
Green Supply Chain Supply chain management with an emphasis on energy efficiency and environmental friendliness.
What is inter related supply?
Interrelated supply refers to the relationship between different parts of a supply chain where changes or disruptions in one area can impact others. This concept highlights the interconnected nature of supply chain operations and the need for coordination and collaboration among stakeholders to ensure efficiency and effectiveness. Managing interrelated supply involves understanding dependencies and optimizing processes to minimize risks and enhance overall performance.
Necessity and objectives of SCM?
Objective of a Supply Chain • Maximize overall value created • Supply chain value: difference between what the final product is worth to the customer and the effort the supply chain expends in filling the customer's request • Value is correlated to supply chain profitability (difference between revenue generated from the customer and the overall cost across the supply chain) • Sources of supply chain revenue: the customer • Sources of supply chain cost: flows of information, products, or funds between stages of the supply chain • Supply chain management is the management of flows between and among supply chain stages to maximize total supply chain profitability
How does one optimize supply chain visibility?
One can optimize supply chain visibility by using a Sterling Supply Chain Visibility from IBM. This type of supply chain will help to optimize it quite nicely.
