ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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One of the major challenges of supply chain management is
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forward buying
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maintaining the visibility of inventory
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building safety-stock inventory
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Pushing inventory back to vendors
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Explanation:
Detailed explanation-1: -The bottom line is, companies of all sizes struggle with a host of supply chain visibility challenges, such as: Disparate management systems and siloed teams. Lack of real-time data on supply chain operations. Poor communication between supply chain stakeholders.
Detailed explanation-2: -Inventory management is primarily specifying the placement of stocked goods. The main objective of inventory management in global supply chain management is to keep its products safe.
Detailed explanation-3: -Customer Service. Customer service still remains the center of supply chain management. Cost Control. Planning & Risk Management. Supplier/Partner Relationship Management. Talent.
There is 1 question to complete.