Question
In: Operations Management
What are the objectives in terms of good management of supply chains?
What are the objectives in terms of good management of supply chains?
Solutions
Expert Solution
Explanation:
Objectives of good management in term of good management of supply chain:
- Increase the customer valuation
One of the main objective for the supply chain management is to develop value for the customer via adding value to its service and products. As Supply chain management increase the usability of the product or service. Different aspect of product is also considered as value to the product.
- Enhance customer service.
Another objective of supply chain is to increase or enhance customer service. As make sure that when customer want the product it is available for them and take care of timely delivery for product to fulfill customer order. After that customer satisfaction is also important.
- Proper utilization of resources.
Supply chain need to make sure that company resources are used properly and effectively, customer is getting the product on time and on the right time.
keosha answered 7 months agoRelated Solutions
What is the role of transportation management in connection with supply chains?
What is the role of transportation management in connection with
supply chains?
What is your opinion on this statement in terms of the objectives of a good equipment...
What is your opinion on this statement in terms of the
objectives of a good equipment inventory control system?
Our textbook states that inventory controls should ensure that
quantities received are accurately recorded, accounted for until
used, stored in an accessible manner, and kept safe from loss due
to theft, damage and deterioration. Effective inventory control
requires cost-effective receiving, storing, and accounting systems.
It also requires periodic physical counts of inventories,
comparison of the physical counts with perpetual inventory records...
What are supply and value chains? What is the value chain management? What is the goal...
What are supply and value chains? What is the value chain
management? What is the goal of value chain Management?
This is related to Sustainability Management in Supply Chains (1) What do you understand by the...
This is related to Sustainability Management in Supply
Chains
(1) What do you understand by the term “sustainability”? Why do
you think that it is increasingly becoming an important issue
considered by many companies around the world?
(2) Implementation of sustainability initiatives by companies
can be expensive, but it can also yield economic benefits. By using
suitable examples explain how each of the above results can
occur.
(3) Two of the three tripods of sustainability are “Planet” and
“People”. Clearly...
This is related to Personnel Management and Customer Service in Supply Chains (1) What does it...
This is related to Personnel Management and Customer Service in
Supply Chains
(1) What does it mean to have a learning culture within an
organization? How would you as a supply chain manager facilitate
such culture within your organization.Please name the focal
organization for which you are providing the explanation.
(2) Mr. Jim Perkins, a consultant in private practice, once
stated as follows: “People are born to be leaders, they cannot be
trained to become leaders”. Do you agree
with...
These Questions is related to Returns in Supply Chains Management (1) What do you understand by...
These Questions is related to Returns in Supply Chains
Management
(1) What do you understand by the term “Reverse Logistics”?
Explain 2 ways in which the management of reverse logistics differ
from that of traditional logistics in supply chains.
(2) Is reverse logistics beneficial? If you say no, explain why
you think so. If you say, yes, explain why you think so.
(3) Explain how depletion of resources, quality issues, and
e-commerce serve as key drivers for reverse logistics.
(4)...
Risk management is a critical issue in the management of global supply chains. Discuss how organizations...
Risk management is a critical issue in the management of global
supply chains. Discuss how organizations failing to address
sustainability reporting challenges impacts procurement supply
chain risk.
Impact of u.s china trade war on supply chains and other external shocks on supply chains
Impact of u.s china trade war on supply chains and other
external shocks on supply chains
what are the major objectives of credit management
what are the major objectives of credit management
What are the strategic implications of intermodal services to managing supply chains?
What are the strategic implications of intermodal services to
managing supply chains?
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- 1. Consider the following nuclides: &
- In general, teams can be described three ways. Name and define each.
- JAVASCRIPT: Please create an array of student names and another array of student grades. - Create...
- Topic - Construction: Structural, loads, tension 1.) Explain why pure tension members are the most efficient...
- Procter and Gamble (PG) paid an annual dividend of $ 1.62$1.62 in 2009. You expect PG...
- locate a recent case of online child pornography. Write a summary of the incident and describe...
- #Python 5. Write function called evaluate() that evaluates the following Python expressions or assignments as specified:...
ADVERTISEMENT