Question

Give 5 benefits of supply chain management with an example of how a NYS (New York State) Corporation is employing this type of management to run its operations. For full credits, give the profile of each NYS corporation that you name.

Answer 1

Supply Chain Management: It is a systematic approach to integrating and managing all functions, related to producing a products or services. Benefits varies depending on the products or services, a sustainable supply chain. Key five benefits are;

1. Improve customer relationship and service.
2. Improve inventory management which minimizes economic activity on the environment.
3. Improve productivity and Reduce indirect and direct cost.
4. Enhanced supplier collaboration and minimize delays.
5. Improve revenue performance and return of investment.

NYSERDA’s (New York State Energy Research and Development Authority) Offshore wind program: Constructing and maintaining offshore wind facilities to generate energy. It requires an experienced workforce and a diverse, advanced supply chain. To keep a future ready service and employment opportunities and productivity enhancement to monetize.

511NY (Traffic travel and transit info): Telephone and web service offering information on transportation services to enhance the web-based solutions rather the manual way.

ESD (Empire state development) is committed to assisting the NY State defence industry in remaining an integral part of the warfighting supply chain. It is committed to assisting the NY State defence industry in remaining an integral part of the warfighting supply chain.