ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much more profit do world-class corporations like Dell and Wal-Mart achieve than their competitors through effective supply chain management?
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5-10%
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5-7%
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2-3%
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4-6%
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Explanation:
Detailed explanation-1: -Maximizing your supplier partnerships, empowering your supply chain team, and leveraging the latest processes, technology, and supply chain innovations are all practices that can enhance your competitive advantage with your supply chain.
Detailed explanation-2: -Unmatched Supply Chain Management Walmart has invested heavily on the development of its supply chain and warehouses. It continuously implements technological solutions to improve efficiency of its supply chain. Walmart is the fastest among its competitors to use barcode, RFID, etc.
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