ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The challenge to develop and sustain an efficient and effective supply chain(s) requires organizations to address a number of issues. Which is not included?
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complexity
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inventory deployment
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inventory carrying costs
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technology
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Explanation:
Detailed explanation-1: -Increased Costs Throughout the Supply Chain Rising price of fuel to transport goods by road, sea or air. Increasing commodity prices raising the cost of raw materials. Higher labor costs from suppliers and manufacturers.
Detailed explanation-2: -One of the biggest challenges faced in supply chain management is the lack of visibility. Supply chain visibility refers to tracking the movement of goods from the supplier to the end consumer. Without visibility, optimizing the supply chain and making informed decisions becomes difficult.
There is 1 question to complete.