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What is the disadvantage of supply chain management?
1-Distribution Network Configuration2-Distribution Strategy3-Trade-Offs in Logistical Activities4-Information5-Inventory Management6-Cash-Flow
Interview questions on Supply chain management?
What are some of the ways materials may be purchased?What is a contract?What items of information are required in order to process a purchase requisition?What is the Uniform Commercial Code?What are the pros and cons of a centralized purchasing function?
Supply chain management advantages and disadvantages?
Advantages of Supply Chain Management: Improved Efficiency: SCM streamlines processes, reducing redundancies, and improving operational efficiency. This leads to cost savings and faster delivery times. Cost Reduction: By optimizing inventory levels, transportation, and production, SCM helps in minimizing overall supply chain costs. Better Collaboration: SCM fosters collaboration among suppliers, manufacturers, distributors, and retailers, leading to better communication and coordination. Disadvantages of Supply Chain Management: Complexity: Implementing and managing SCM systems can be complex and require significant investment in technology and training. Cost of Implementation: Initial setup costs, including software, infrastructure, and training, can be high, and smaller businesses may find it challenging to afford. Dependency on Technology: SCM heavily relies on technology, and any system failures or cyber security breaches can disrupt operations.
Explain logistics as door to door service?
Yes Logistics means Travelling the correct goods from the correct shipper to correct consignee at correct time. Logistics is one part of supply chain management. It does carrying, managing, monitoring and delivering.
What is vendor assessment?
Vendor assessment is the process of evaluating and verifying the qualifications, reputation, capabilities, and compliance of a vendor to ensure they meet the requirements and standards set by the organization. This assessment helps businesses make informed decisions when selecting and managing vendors to mitigate risks and ensure quality and reliability in their supply chain.
In today's supply chain there has been a shift in power structure in a chain towards?
Retailer
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 the role of information in supply chain management?
Supply chain management is a complex process that requires information sharing between multiple parties. The role of information in supply chain management is to provide the necessary data to make decisions and ensure the flow of goods.
What role does supply chain management play at restoration hardware?
I don't no this answer
What is the meaning of suply chain management?
Supply Chain Management is a process of handling all the supply activities for a company or organization. It plays an important role to distribute the products and services at the targeted location. Supply chain management is an important aspects for sourcing activities.
What is the difference between independent retailer and chain retailer?
the answer to the this question is.......yes
Describe the various stages on the supply chain and the different flows involved in purchasing of a can of soda at a convenient store?
When a customer purchases a can of soda at a convenience store, his purchase represents the end of a supply chain's delivery of an item and the beginning of information regarding his purchase flowing in the opposite direction. The supply chain stages include customers, retailers, wholesalers/distributors, manufacturers, and component/raw material suppliers. A customer's purchase moves product towards the customer and dollars and information towards the retailer. The retailer places an order from the wholesaler/distributor to replenish stock, thereby moving information back up the supply chain while moving product down the supply chain. As the order is filled, the retailer will move dollars back up the supply chain. The wholesaler/distributor transmits information and dollars to the manufacturer who produces product and ships it down the supply chain to the wholesaler. Finally (or initially, depending on your perspective) the manufacturer moves orders (information) and dollars towards suppliers in exchange for material flow into their production processes.
What is a role of communication in Supply Chain Management?
find answer to this question on Friday, the 6th Feb'09.
Functions of a retailer?
what is the role and functions of Retailer in the market?
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 the role of supply chain manager?
Some duties of a supply chain manager consists of managing all steps it takes to get the product into the consumers hands. This includes from the processing of the product to customer service to the customer.
What is the role of a supply chain manager?
Some duties of a supply chain manager consists of managing all steps it takes to get the product into the consumers hands. This includes from the processing of the product to customer service to the customer.
