ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Deliver value to customers in a cost effective way
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Deliver goods to customer
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Customer satisfaction
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Effectiveness and efficiency
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Detailed explanation-1: -A cost-efficient supply chain is stable and optimized – from production to end-to-end ow. That means starting with planning. Prepare to transform by analyzing whether to centralize planning and/or automate or even outsource certain planning activities for better planning consistency, capability and quality.
Detailed explanation-2: -You have complete control of your products’ journey from conception to delivery, implementing systems to reduce errors and increase inventory efficiency. The more optimized your supply chain is, the better the customer experience, the happier they’ll be, and the more likely they’ll be to make a purchase from you again.
Detailed explanation-3: -Streamline Ordering Processes. Manage Inventory. Monitor Customer Demands. Make Use of Space. Track Performance. Consider Automation. 12-May-2021