ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
objective of Supply Chain Management (SCM) is to achieve sustainable ____
|
|
competitive advantage
|
|
|
minimize work
|
|
|
increase profit
|
|
|
customer satisfaction
|
Explanation:
Detailed explanation-1: -The objectives of SCM include optimizing efficiency, minimizing costs, increasing customer satisfaction, and providing a competitive advantage to firms. To that end, companies need to ensure that their supply chain processes are as streamlined and automated as possible.
Detailed explanation-2: -Engage in real-time supply chain planning. Develop a collaborative supply chain strategy. Adopt innovative supply chain automation solutions. Implement agile process improvements. Consider cost drivers and business impacts. 18-Jan-2023
There is 1 question to complete.