ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To support effective supply chain decisions, information must have the following characteristics:
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The information must be accurate
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The information must be accessible
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The information must be of the right kind
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All are correct
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Explanation:
Detailed explanation-1: -To support effective supply chain decisions, information must have the following characteristics: Information must be accurate, must be accessible promptly, must be of the right kind, and must be shared (Chopra & Meindl, 2013).
Detailed explanation-2: -The major decision areas in supply chain management are 1) location, 2) production, 3) inventory, and 4) transportation (distribution).
Detailed explanation-3: -Ability to integrate throughout the supply chain. Real-time and collaboration capabilities. Process optimization abilities. Analytics and forecasting. Customization. Cloud-based access and mobility. Security. Scalability. 14-Oct-2019
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